March 31st marks the end of the financial year, and is a great time to give back to Te Tai Tokerau Northland – and make your generosity go even further. By donating through Northland Community Foundation, you not only support vital local initiatives, but you are also eligible for a 33.3% tax credit for your gift.
Donations made before March 31st each financial year are eligible for a credit against your income tax in that year, letting you amplify your impact. Whether you’re making a one-off gift or setting up regular giving, the process is simple. Submit your donation receipts electronically to your myIR account, and claim your tax credit as part of your end-of-year income tax process. Missed filing your donation receipts in previous years? The IRD allows you to claim tax credits for donations made up to four years ago.
By giving through Northland Community Foundation, you can:
Make your gift before March 31st to create a lasting impact while benefiting from the tax credit. It’s a smart way to make your generosity work harder for the community you love.
If you miss the March 31st deadline, it’s a great idea to plan your giving for the next financial year to allow you to maximise the impact of your donations and reduce your tax bill. You don’t have to wait until next March!
