19485 (2025). Hon Barbara Edmonds to the Minister of Finance

19485 (2025). Hon Barbara Edmonds to the Minister of Finance: What informed the estimated return of $50 million per year from potential tax on business activities for charities?

Hon Nicola Willis: The $50m estimate of potential tax revenue from taxing the business activities of charities was the result of officials’ analysis of four years of financial reports filed with Charities Services on the public charities register. The estimate ranged from $30m per annum to $70m per annum with an average of $50m per annum.