-
The total donations you claim can’t be more than your taxable income for the year.
-
If you need to file an IR3 income tax return, Inland Revenue will need your return to check your taxable income before they can process your claim.
-
If you have losses brought forward greater than your taxable income, you have no taxable income, so the credit cannot be claimed.
-
To avoid delays file your claim at the same time as you file your IR3.
-
Inland Revenue cannot process your claim before the end of the income year which it relates to. The exceptions are if you are completing the claim on behalf of a deceased person, or going overseas permanently or for a significant period of time.
