Form IR 526 2018 Tax Credit Claim Form

Form IR526 is a New Zealand Inland Revenue Department form also known as the "Tax Credit Claim Form". The latest edition of the form was released in March 1, 2018 and is available for digital filing.

Download a PDF version of the Form IR526 down below or find it on New Zealand Inland Revenue Department Forms website.

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Tax credit claim form 2018
IR526 (18)
For donation claims only
March 2018
1 April 2017 - 31 March 2018
Your name
1
IRD number
(8 digit numbers start in the second box.
)
YEAR ENDING
Your address
2
0
1
8
Tax year
2
31 March
Your daytime telephone
Are you eligible to make a claim?
You can't claim a tax credit for:
You can claim a tax credit if, in the tax year you are claiming for:
• childcare and/or housekeeper payments from 1 April 2012
• you received taxable income, eg, salary, wages, and
• tuition, exam, tertiary education, private school fees or
extracurricular activities, eg, music lessons
• you have valid receipts for donations made to approved
donee organisations.
• donations you've made through payroll giving at your workplace
• payments made where there is direct benefit to the donor or the
donor's family.
For more information including "WHAT CAN I CLAIM?" and "HOW MUCH CAN I CLAIM?" see page 2.
Donation tax credits for the period 1 April 2017 to 31 March 2018.
Receipt amount
For donations made for any other period please download the appropriate form from our website.
Total donations made to school/kindergartens
3
4
Total donations made to donee religious organisations
5
Total remaining donations made to donee organisations
Total receipt amount
Add Boxes 3, 4 and 5 and enter the amount in Box 6.
6
7
Multiply the amount in Box 6 by 33.3333% and enter it in Box 7.
Print new total here
Print your spouse/partner's details if you are sharing any receipts
8
Name
IRD number
Bank account details
Account holder's name
If a bank account number isn't shown below or is incorrect, enter the bank
account number you would like your tax credit to go to in Box 9.
Bank
Branch
Account number
Suffix
9
Do you want to transfer your tax credit?
Transfer to IRD number
10
If you want to transfer your tax credit to your, or someone else's income tax account, enter
the details here. Please do not transfer your tax credit to a donee organisation. If you wish to
Transfer to year ending
donate your tax credit, you will need to do this through the donee organisation directly.
31 March
Name of person receiving the tax credit
Amount to transfer
11
Signature
Please sign and date the declaration
/
/
I declare the information I have provided
on this form is true and correct.
Date
IMPORTANT
We'll send you confirmation of the amount
of your tax credit within six weeks, unless we
need to wait for your IR3 income tax return
to be filed.
Tax credit claim form 2018
IR526 (18)
For donation claims only
March 2018
1 April 2017 - 31 March 2018
Your name
1
IRD number
(8 digit numbers start in the second box.
)
YEAR ENDING
Your address
2
0
1
8
Tax year
2
31 March
Your daytime telephone
Are you eligible to make a claim?
You can't claim a tax credit for:
You can claim a tax credit if, in the tax year you are claiming for:
• childcare and/or housekeeper payments from 1 April 2012
• you received taxable income, eg, salary, wages, and
• tuition, exam, tertiary education, private school fees or
extracurricular activities, eg, music lessons
• you have valid receipts for donations made to approved
donee organisations.
• donations you've made through payroll giving at your workplace
• payments made where there is direct benefit to the donor or the
donor's family.
For more information including "WHAT CAN I CLAIM?" and "HOW MUCH CAN I CLAIM?" see page 2.
Donation tax credits for the period 1 April 2017 to 31 March 2018.
Receipt amount
For donations made for any other period please download the appropriate form from our website.
Total donations made to school/kindergartens
3
4
Total donations made to donee religious organisations
5
Total remaining donations made to donee organisations
Total receipt amount
Add Boxes 3, 4 and 5 and enter the amount in Box 6.
6
7
Multiply the amount in Box 6 by 33.3333% and enter it in Box 7.
Print new total here
Print your spouse/partner's details if you are sharing any receipts
8
Name
IRD number
Bank account details
Account holder's name
If a bank account number isn't shown below or is incorrect, enter the bank
account number you would like your tax credit to go to in Box 9.
Bank
Branch
Account number
Suffix
9
Do you want to transfer your tax credit?
Transfer to IRD number
10
If you want to transfer your tax credit to your, or someone else's income tax account, enter
the details here. Please do not transfer your tax credit to a donee organisation. If you wish to
Transfer to year ending
donate your tax credit, you will need to do this through the donee organisation directly.
31 March
Name of person receiving the tax credit
Amount to transfer
11
Signature
Please sign and date the declaration
/
/
I declare the information I have provided
on this form is true and correct.
Date
IMPORTANT
We'll send you confirmation of the amount
of your tax credit within six weeks, unless we
need to wait for your IR3 income tax return
to be filed.
Staple all donation receipts received between 1 April 2017 and 31 March 2018 here.
DONATION RECEIPTS
Send the claim form back to us. Remember to attach your
receipts.
All receipts must show:
• your and/or your spouse/partner's name
Inland Revenue
• the amount and date of the donation
PO Box 39090
Wellington Mail Centre
• a clear statement that it is a donation
Lower Hutt 5045
• the signature of an authorised person
• an official stamp with the name of the donee organisation
• the word "copy" or "replacement" if it's a replacement receipt.
CAN I CLAIM A TAX CREDIT?
CLAIMING DONATIONS
You can claim a tax credit if you're an individual (not a company, trust or
• The total donations you claim can't be more than your taxable income
partnership) and you:
for the year.
• earned taxable income (eg, salary, wages, benefit, self-employed income,
• If you need to file an IR3 income tax return, we will need your return to
interest) in the income year you're claiming for, and
check your taxable income before we can process your claim.
• were a New Zealand resident for tax purposes at any time during the tax
• If you have losses brought forward greater than your taxable income, you
year.
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.
WHAT CAN I CLAIM?
• We cannot process your claim before the end of the income year which
Donations
it relates to. The exceptions are if you are completing the claim on behalf
A donation is a gift of money made voluntarily to a school/kindergarten
of a deceased person, or going overseas permanently or for a significant
or a donee organisation, where there is no identifiable direct benefit to the
period of time.
donor, or the donor's family.
HOW MUCH CAN I CLAIM?
To claim a tax credit, a receipt must have the word "donation" written on it.
You can claim the lesser of:
If you have receipts, you can claim a tax credit for donations of $5 or more.
• 33.3333% of the total donations you've made, or
• 33.3333% of your taxable income.
Go to www.ird.govt.nz (search keyword: donee) for a list of approved donee
organisations.
Go to www.ird.govt.nz (search keywords: donation tax credit) for more
information.
School/kindergarten donations
You can claim a donation tax credit for school fees or to state-run
SHARING RECEIPTS WITH YOUR SPOUSE/PARTNER
kindergartens as long as they go to the general fund. Enter all donations
If your spouse/partner has taxable income they may be eligible to claim the
made to school/kindergartens in Box 3.
balance of your receipts.
Religious organisation donations
Example
A religious organisation donation is an unconditional donation made to a
Your taxable income is $1,000, but you have receipts of $1,500. You're
donee religious organisation or group. Enter all donations made to donee
only eligible to claim $1,000. If your partner/spouse has income of $500
religious organisations in Box 4.
or more, then they can claim the other $500.
Remaining donations
PRIVACY
Enter all remaining donations in Box 5. If you made a donation through a
Meeting your tax obligations means giving us accurate information so we
religious organisation to an unrelated charitable organisation, enter this
can assess your liabilities or your entitlements under the Acts we administer.
amount in Box 5.
For full details of our privacy policy go to www.ird.govt.nz (search keyword:
privacy).
Important information
• Payments made from 1 April 2012 for childcare and/or housekeeper payments are not eligible for a tax credit.
• From 1 April 2014 you can only claim donation tax credits within a period of four years, following the year in which the gift was made. This
means that donations made prior to 1 April 2014 can no longer be claimed.
• Rather than rounding all tax credit refund amounts to the nearest cent, Inland Revenue stops at two decimal places. This means that if you work
out a tax credit of $99.9999, your refund will show as $99.99.
ARE YOUR PERSONAL DETAILS CORRECT?
We need your correct information so next year we can send you your tax credit claim form without delay. If any of your contact details shown on the front
are missing or incorrect, please enter your correct details here:
DAYTIME TELEPHONE NUMBER
(
)
12
POSTAL ADDRESS
If your new address is a PO Box number, please show your box lobby if you have one. If you're unsure of your box lobby please contact New Zealand Post.
13
STREET ADDRESS
14
RESET FORM
RESET FORM
OPERATOR
CORRESP.
15
OFFICE USE ONLY
CODE
INDICATOR

Download Form IR 526 2018 Tax Credit Claim Form

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