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There are four types of education centres:
These are schools operated by boards of trustees. They include state primary, intermediate and secondary schools, private integrated schools, composite schools, Kura Kaupapa Maori schools, and special education schools.
These schools are exempt from income tax by the Education Act 1989, but may have to pay other taxes, such as goods and services tax (GST) and fringe benefit tax (FBT).
These are centres that meet the criteria required of a charitable organisation. Charities are generally exempt from income tax and some duties, but may have to pay other taxes, such as GST and FBT.
These are generally community-based organisations with rules that prevent members from receiving any benefits. Some non-profit bodies are childcare, playcentre, kohanga reo, and community associations that have not been approved as charitable. The first $1,000 of a non-profit body's net income (taxable income after expenses) is exempt from income tax. However, it may still have to pay GST or other taxes.
If a centre is run to make a profit for its owners, it will be liable for income tax on its taxable income and may also have to pay GST or other taxes. Business development and training organisations may qualify as businesses.
Whatever type of centre you are involved in, you will have some tax obligations. These may include: