Do you have the IRD’s Education Centre booklet? While we are always happy to talk to you, our ‘Audit Excellence’ team find that many of the common taxation queries we are asked by schools are covered and well explained in an existing IRD publication.
To save yourselves time and effort we suggest every school needs a copy of this helpful booklet if you don’t already have it. The booklet is called IR 253: Education Centres – A tax guide for organisations that provide education.
The booklet is available free from the IRD website and can be found at the following link:
If you would like to discuss this article further or any information relating to your schools affairs please contactyour Hayes Knight advisor.