Tax Implications for Clubs

The old saying goes that the only certainties in life are death and taxes.  To make matters worse there are a handful of taxation types and regular changes relating to taxation that you should be aware of.

Clubs New Zealand has prepared a short guide to tax implications for clubs, which covers;

  • Income tax
  • Goods and services tax
  • PAYE
  • Schedular Payments and withholding tax
  • Resident withholding tax
  • Gaming machine duty
  • Fringe benefit tax

pdfTax implications for clubs - 201476.65 KB

Clubs New Zealand recommends that clubs regularly seek assistance from their accountant or adviser regarding tax and refer to the latest Inland Revenue 'Club or Societies Return Guide -IR9GU' (renewed annually) for assistance.

A copy of the tax implications for clubs - 2014 will also be loaded into our resource room for future downloads.

If you have any questions regarding tax implications for clubs please contact National Office on 0800 4 CLUBS.