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Charities getting less: tax agents

NZ NewswireNZ Newswire 21/06/2016

Belt-tightening New Zealanders are donating 10 per cent less to religions, schools and charities, according to a local tax agency.

The average donations claimed by taxpayers dropped from $841 to $761 over the past year, says MyTax, which says it has analysed more than 300,000 tax returns.

Religious donations suffered the largest drop, falling 19 per cent to $398, while donations to schools decreased 10 per cent.

The figures also revealed people earning more than $70,000 a year donated most on average.

However, those who earned between $60,000 and $70,000 only donated $38 more on average than those earning less than $20,000 (on average $692).

"What we can see from this is that your level of income is not necessarily a good indicator of how much you choose to donate," said chief executive Lester Binns.

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