Law change for charity deregistration

Takapuna office closure | Takapuna office closure. The Takapuna office is relocating to a new address so will be closed from 22 November 4pm to 26 November 4pm. From 27 November you can find the new office at: 74 Taharoto Road Smales Farm, One NZ Building, Takapuna.

Some services unavailable 23 - 24 November | myIR, gateway services and our self-service phone line will not be available from 3pm Saturday 23 November to 9am Sunday 24 November while we do planned system testing. This will not affect any tax entitlements or payments scheduled during this time.

08 April 2024

Parliament has passed into law a change to the charity deregistration tax rules.

When you deregister a charity and do not re-register within one year, you may need to pay income tax on specific net assets. This is when the net assets are not transferred to another registered charity or a New Zealand tax-exempt entity. Assets transferred to an overseas charity do not qualify.

In these situations, you may be required to pay deregistration tax.

This applies to charities that deregister on or after 1 April 2024.

Charities deregistration tax on assets

Law change for charity deregistration

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