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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Millions lost in tax through poor oversight of charities

A new report calculates the government foregoes about $104m in fiscal revenue a year at the expense of for-profit arms of big charities.
 
Jason Walls talks about his story on NBR Radio and on demand on MyNBR Radio.

Jason Walls
Wed, 20 May 2015

A new report has shone a light on New Zealand’s charity sector and found some 700 limited liability companies on the Charities Register generate more than $370 million in tax-exempt profits a year.

The Giving Charities a Helping Hand report – put together by the New Zealand Initiative –

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Jason Walls
Wed, 20 May 2015
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Millions lost in tax through poor oversight of charities
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