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Resurgence Support Payment RSP Applications for the RSP for businesses affected by the 17 August alert level change are still open. Find out more

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Second Resurgence Support Payment Applications for the 2nd Resurgence Support Payment (RSP) for the alert level increase that started on 17 August are now open Resurgence Support Payment

Work out the net asset balance

1. Take your entity's assets, including accumulated income.

2. Subtract liabilities.

3. Subtract the value of any excluded assets.

Your final figure is your net asset balance.

Record the balance

Record this in the income tax return for the period that includes the day one year after your charity was deregistered.

Tax exemptions and donee status for charities or businesses operating for charities

When your charity is deregistered

Last updated: 21 Jun 2021
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