Charitable trusts are trusts set up to hold money or assets and carry out activities for the benefit of the community. They may be formed for the purpose of:

  • the promotion of education
  • the relief of poverty
  • the promotion of religion
  • other purposes of benefit to the community

A charitable trust as registered by the Registrar of Incorporated Societies gains tax benefits when approved by the IRD. These tax breaks include the absence of gift duty on gifts to the trust and the absence of tax on income earned by the trust.

At TFS Chartered Accountants we know the practicalities of charitable trusts. Our experience in this area enables us to assist you in both setting up the trust and in using the trust to most effectively reach your charitable goals.

  •  ACCOUNTING SERVICESWe can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs...
  •  TAX MINIMISATIONTaxation can be a major cost to your business. We will work in partnership with you to minimise your tax...
  •  BUSINESS ADVICEEffective Structuring and Planning that gives your business the competitive edge...
 ACCOUNTING SERVICES1  TAX MINIMISATION2  BUSINESS ADVICE3

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Accounting Services

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Tax Consulting

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