Tax rules are different for when you’re permanently shutting down your not-for-profit compared to if you’re just planning to run it differently. For example, if your charity is removed from Charities Services’ register but is still operating.
Generally, you’ll need to start paying tax when:
- your charity is removed from Charities Services’ register
- your not-for-profit is removed from a Companies Office register (unless you’re getting it reinstated)
- you decide to stop being a not-for-profit and to run as a business instead.
In these cases, people who donate money to you will also no longer be able to claim a tax credit (refund).
Steps to take when you're permanently closing down your organisation.
Find out when you'll need to start paying tax, what happens to assets, and when people who donate to you can no longer claim a tax credit.
Paying tax after your not-for-profit or charity deregisters
When your deregistered not-for-profit stops being a donee organisation
Charities deregistration tax on assets
When your deregistered charity does not have to pay tax
If you have questions about closing down your not-for-profit, you can email us at [email protected]
You can also write to us at:
PO Box 39010
Wellington Mail Centre
Lower Hutt 5045