Did you know that you can claim 33.33 cents in tax credits for every dollar you donate to approved charities and organisations?

School contributions can qualify as charitable donations and therefore be eligible for tax credits. At St Bede’s, your son’s school fees statement highlights all the charges that may be eligible with a “*” in the description.

With the end of the tax year looming, any eligible payments you make to St Bede’s by 31 March will qualify you for a refund in 2023. We will provide you with a donation tax receipt in April that you can use when preparing your tax return.

And if you haven’t claimed in the past – Inland Revenue allows you to claim up to 4 years after making a donation.

For more information visit Inland Revenue’s website https://www.ird.govt.nz/income-tax/income-tax-for-individuals/individual-tax-credits/tax-credits-for-donations or talk to your accountant.