Media release: Charity rules need a helping hand
Wellington (18 May 2015): Government needs to set clearer rules, provide greater transparency and remove the tax advantage enjoyed by for-profit arms of charity groups if it wants to promote the work of the charitable sector, according to The New Zealand Initiative. The public policy think tank’s latest report, Giving Charities a Helping Hand, analysed over a decade of regulatory change in the sector, and found that the current rules are stacked against smaller operators while allowing commercial arms of large charities to claim income tax exemptions with little oversight. Read more