Donations of $5 and over to Aotearoa Buddhist Education Trust by individuals and businesses that 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 making the dharma widely available in Aotearoa.
Your donations to Aotearoa Buddhist Education Trust are eligible for a tax rebate because the Trust is approved by the Inland Revenue Department as a donee organisation as well as being registered with the Charities Commission.
If you do not claim your tax rebate that money remains with the government. If you donate $100 and claim back $33.33 of the tax you paid that year, the result is that your donation to Aotearoa Buddhist Education Trust has cost you just $67.33.
It’s a great way of making your donations tax efficient and enables you to actually contribute more to our work.
Follow these simple steps to claim your rebate and donate it to Aotearoa Buddhist Education Trusdt:
- Account number 03 - 1355 - 0600085 - 00
- Account Name: Aotearoa Buddhist Education Trust
If you would like to discuss your tax rebate with us, phone 021 97 35 31 or click here to send an email.
Your generosity is appreciated.