Some not-for-profits can get tax exemptions or deductions, which means they may not need to file or pay some taxes like income tax, resident withholding tax (RWT) or fringe benefit tax (FBT).
You need to apply for some of these exemptions or deductions. Others you can get automatically depending on what kind of organisation you are.
Charities registered with Charities Services do not have to pay income tax. Other not-for-profits, for example sports clubs or community trusts, need to apply to us in writing.
Resident withholding tax on interest and dividends
Not-for-profits can apply to us for an RWT exemption so they do not pay tax on interest or dividends, for example from banks. Registered charities automatically have exemptions.
Fringe benefit tax
Charities and other approved donee organisations generally do not have to pay fringe benefit tax on goods and services they provide their employees while working for the charity. Other not-for-profits may also not have to pay fringe benefit tax in some cases.
Other tax exemptions
Like charities and community housing providers, some other types of not-for-profits do not need to pay tax on some parts of their income – it is exempt. This depends on who they are and where the income comes from.
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