What you need to know about starting charities
enter into contracts in its own right.
On the other hand, organisations that are not ‘‘ incorporated’’, such as trusts, act in the names of the individual trustees.
That can raise liability issues for the trustees involved and can also create administration hassles when trustees retire and new trustees are appointed.
Charities annual return payments
Since July 1, 2014, all charities with income over $10,000 have to pay the annual return fee at the time of submitting their return to Internal Affairs.
That can be done online or in hard copy. Until the payment is received, the return will not be counted as filed by the department.
There is no fee for charities with gross income under $10,000.
Column courtesy of Rainey Collins Lawyers, ph 0800 733484. If you have a legal inquiry you would like discussed in this column, email aknowsley@ raineycollins.co.nz.