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Budget 2026: Tax credits capped for donors

Author
Newstalk ZB,
Publish Date
Thu, 28 May 2026, 2:13pm
 Photo / 123rf
Photo / 123rf

Budget 2026: Tax credits capped for donors

Author
Newstalk ZB,
Publish Date
Thu, 28 May 2026, 2:13pm

Donation rules are changing, with tax credits capped for donors.
 
It means taxpayers can only get tax-write offs from donations up to $100,000 - meaning a maximum $33,000.
 
Revenue Minister Simon Watts says this will make the system more sustainable - and limits benefits for people donating to charities they own themselves.

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