Donations of $5 and over to Aotearoa Buddhist Education Trust by individuals and businesses who pay New Zealand tax are tax deductible.
Individuals can claim a rebate of 33.3% up to the limit of their total annual income and companies to the limit of their annual net income. Small businesses with five or fewer shareholders are also included in the company deduction.
Claiming your tax rebate and donating it to the trust is a wonderful way to make your donation go further, and contributes even more to the work of making the teachings of the Buddha widely available in Aotearoa.
Aotearoa Buddhist Education Trust can accept your tax rebate because we are approved by the Inland Revenue Department as a donee organisation and are also registered with the Charities Commission, which monitors the charities on its register.
If you do not claim your tax rebate that money remains with the government. When you claim your rebate and donate it to Aotearoa Buddhist Education Trust, though, you will be making your initial donation go even further.
So, if you donate $100, and are able to claim back $33.33 of the tax you have already paid as a rebate, the result is that Aotearoa Buddhist Education Trust receives $133.33.
It’s a great way of making your donations tax efficient and of contributing even more to our work.
Follow these simple steps to donate your rebate directly to Aotearoa Buddhist Education Trust:
- Account number 03 - 1355 - 0600085 - 00
- Account Name: Aotearoa Buddhist Education Trust
If you would like to discuss your tax rebate with us, phone 04 970 3531 evenings and weekends or click here to send an email.
Your generosity is appreciated.