Accounting for tax
Your organisation will need to keep records of income and expenses in order to file a Maori authorities (IR8) income tax return at the end of the income year.
Records to keep
The structure of your organisation will determine which records you'll need to keep, but you'll need to keep enough records to calculate your income and expenses and to confirm your accounts.
Tax exemptions
In order to qualify for any tax exemptions, a Maori authority will need to have a charitable purpose.
Tax returns
Maori authorities (IR8) annual income tax return provides a complete statement of the authority's taxable income. Your organisation may also be required to complete an Annual Maori authority credit account (IR8J) return.
Date published: 11 Nov 2004
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