Here we are in 2018 and I’m delighted to say that the Giving Technology Charitable Trust is, officially a registered charity. This means that the trustees will be empowered to direct payments from Givahoy to the relevant charities.pexels-photo-164552.jpeg

For our Givers, this means that *all* donations to charities can be aggregated for receipting. Up to 33.3% of this can be claimed back (see http://www.ird.govt.nz/income-tax-individual/tax-credits/donations-taxcredits/donations-taxcredits.html).

For example, if you give $5 a month to street collections with a dollar here or there, that totals up to $60 across a year. If you fill out the simple form from Inland Revenue (IR526) and attach the receipt then you can get up to $20 back.

It’s worth mentioning that according to this Philanthropy NZ report, only around 12% of taxpayers made a tax claim for donations, for over $670M. That looks to be a lot of donation credits unclaimed.

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