Some companies run schemes which allow you to donate a set amount, tax-free, each pay day to a selected charity. It is easy and works for all involved
Donations made via payroll giving receive an immediate PAYE credit of 33% of the donation amount. This means if you donate $15, it only costs you $10.
Since the scheme was introduced in New Zealand in January 2010, almost $14 million has been donated through payroll giving to community organisations nationwide
As a registered charity, Parent to Parent is already approved by Inland Revenue as a donee organisation eligible to participate in payroll giving. This is not only its national office, but each of its regional offices, so employers in each region can support their local Parent to Parent. http://www.ird.govt.nz/donee-organisations/
Please let us know if your workplace chooses to support Parent to Parent in this way – so we can verify our bank account, prepare donation summaries for your records, keep you informed and keep in touch. But most importantly – to thank you!
Payroll giving isn’t available at my workplace. How can I encourage my employer to participate?
Check out www.payrollgivinginfo.org.nz to see what’s involved in setting up payroll giving.
Why should an employer consider payroll giving?
It benefits employers, employees and their communities. It enables employers to demonstrate their support for their customers, the wider community and above all, their staff and the causes that matter to them.
While there is no legal requirement for an employer to offer payroll giving, there are many benefits because it:
- Represents a cost-effective revenue source for the charitable sector and helps provide a steady income stream
- Is a tax-effective method of donating, with employees receiving an immediate tax benefit of 33% of their donation
- Enables employers to help their employees support causes that are important to them.
- Can be used to support employers’ corporate community investment and recruitment and retention strategies
- Enables committed long-term giving by individual employees, while also being flexible enough to facilitate one-off donations as part of broader corporate community investment or fundraising initiatives
- Enables organisations to respond quickly to appeals in times of crisis. Payroll giving contributions increased significantly in the weeks after the Canterbury earthquakes.
For recipient donee organisations payroll giving lowers the cost of fundraising and provides a steady revenue stream.
For employees the donations they make are deducted before they receive their pay. The process is seamless and they receive an immediate tax credit of 33% of the donation.
For employers payroll giving supports recruitment and retention strategies, and demonstrates support for the things that matter to employees outside the workplace.
We welcome enquiries. To speak to someone in confidence and with no obligation please contact Parent to Parent’s Business Development Manager Sue Pairaudeau by phone on 0508 236 236 or email firstname.lastname@example.org