Form Ir526 - Tax Credit Claim Form - 2015 Page 2

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Staple all donation receipts received between 1 April 2014 and 31 March 2015 here.

DONATION RECEIPTS

Send the claim form back to us. Remember to attach

your receipts.

All receipts must show:

Inland Revenue

• your and/or your spouse/partner’s name

PO Box 39090

• the amount and date of the donation

Wellington Mail Centre

• a clear statement that it is a donation

Lower Hutt 5045

• the signature of an authorised person

• an official stamp with the name of the donee organisation

• the word “copy” or “replacement” if it’s a replacement receipt.

CAN I CLAIM A TAX CREDIT?

CLAIMING DONATIONS

You can claim a tax credit if you’re an individual (not a company, trust or

• The total donations you claim can’t be more than your taxable income

partnership) and you:

for the year.

• If you need to file an IR 3 income tax return, we will need your return to

• earned taxable income (eg, salary, wages, benefit, self-employed income,

check your taxable income before we can process your claim.

interest) in the income year you’re claiming for, and

• If you have losses brought forward greater than your taxable income, you

• were a New Zealand resident for tax purposes at any time during the tax

have no taxable income, so the credit cannot be claimed.

year.

• To avoid delays file your claim at the same time as you file your IR 3.

WHAT CAN I CLAIM?

• We cannot process your claim before the end of the income year which

it relates to. The exceptions are if you are completing the claim on behalf

Donations

of a deceased person, or going overseas permanently or for a significant

A donation is a gift of money made voluntarily to a school/kindergarten

period of time.

or a donee organisation, where there is no identifiable direct benefit to the

donor, or the donor’s family.

HOW MUCH CAN I CLAIM?

If you’re claiming for donations, you can claim the lesser of:

To claim a tax credit, a receipt must have the word “donation” written on it.

• 33.3333% of the total donations you’ve made, or

If you have receipts, you can claim a tax credit for donations of $5 or more.

• 33.3333% of your taxable income.

Go to (search keyword: donee) for a list of approved donee

Go to (search keywords: donation tax credit) for more

organisations.

information.

School/kindergarten donations

SHARING RECEIPTS WITH YOUR SPOUSE/PARTNER

You can claim a donation tax credit for school fees or state-run

kindergartens as long as they go to the general fund. Enter all donations

If your spouse/partner has taxable income they may be eligible to claim the

made to school/kindergartens in Box 3.

balance of your receipts.

Example

Religious organisation donations

Your taxable income is $1,000, but you have receipts of $1,500. You’re

A religious organisation donation is an unconditional donation made to a

only eligible to claim $1,000. If your partner/spouse has income of $500

donee religious organisation or group. Enter all donations made to donee

or more, then they can claim the other $500.

religious organisations in Box 4.

Remaining donations

PRIVACY

Enter all remaining donations in Box 5. If you made a donation through

Meeting your tax obligations means giving us accurate information so we

a religious organisation to an unrelated charitable organisation, enter this

can assess your liabilities or your entitlements under the Acts we administer.

amount in Box 5.

For full details of our privacy policy go to (search keyword:

privacy).

Important information

• Payments made from 1 April 2012 for childcare and/or housekeeper payments are not eligible for a tax credit.

• From 1 April 2014 you can only claim donation tax credits within a period of four years, following the year in which the gift was made. This

means that donations made prior to 1 April 2012 can no longer be claimed.

• Rather than rounding all tax credit refund amounts to the nearest cent, Inland Revenue stops at two decimal places. This means that if you work

out a tax credit of $99.9999, your refund will show as $99.99.

ARE YOUR PERSONAL DETAILS CORRECT?

We need your correct information so next year we can send you your tax credit claim form without delay. If any of your contact details shown on the front

are missing or incorrect, please enter your correct details here:

DAYTIME TELEPHONE NUMBER

(

)

POSTAL ADDRESS

If your new address is a PO Box number, please show your box lobby if you have one. If you’re unsure of your box lobby please contact New Zealand Post.

STREET ADDRESS

OPERATOR

CORRESP.

OFFICE USE ONLY

RESET FORM

CODE

INDICATOR