Shares and other non cash gifts

Under current NZ legislation, only gifts of money to New Zealand charities from individuals resident in NZ for tax purposes qualify for the 33 1/3% rebate.

Therefore it is probably more favourable for donors to sell their shares or other non cash gifts first and make a gift of money.

We would advise you to speak to your financial or legal advisor about these matters in the first instance.

For further details, please contact Richard Sorrenson.