Tier 4 - Not for Profit Organisations

• The different types of not-for-profits including charities, education centers, community housing providers, sports clubs and societies, and other unique classifications, enabling participants to discern their distinct functions and legal obligations.
• The criteria and implications of obtaining donee status for charitable organizations, facilitating a comprehensive understanding of the taxation benefits and obligations associated with this designation.
• The criteria for tax exemption of income for charitable organizations, distinguishing between non-business and business income utilized for charitable purposes in New Zealand, including exemptions for investment type income.
• The annual reporting process for charities and non-profit organizations, including determining their tier, completing the Performance Report and Annual Return form online, and preparing for future reporting requirements.

Estimated time: 2 hours