Payroll giving enables you donate to Hospice West Auckland directly from your pay and receive instant tax benefits.
What is Payroll Giving?
Hospice West Auckland is an approved IRD ‘donee’ charity, which means you can donate directly from your pay. With payroll giving, your donation to Hospice West Auckland is taken out of your regular pay before it goes into your bank account.
If your donation is more than $5, you receive a third of the donation amount as an immediate tax rebate. So if you donate $15 through payroll giving, you’ll only have a $10 reduction in your take-home pay.
Benefits for Employees
Payroll giving makes it easy for you to donate to Hospice West Auckland.
- There is no need to collect receipts or claim a rebate from IRD at the end of the tax year, because this is done instantly when you make a donation.
- You can donate as much or as little as you like each time you are paid a salary or wage.
- You do not have to set up any automatic payments or direct debits through your credit card or bank account, because your payroll takes care of this.
- You can start and stop donations whenever you like.
Some workplaces offer encouragement to their staff by matching donations dollar for dollar, so why not ask your employer about this?
Benefits for Employers
Payroll giving is a low cost and simple way to support employees who make donations to their charity of choice. You can only offer payroll giving to your employees if you electronically file your IRD employer monthly schedule and deduction form. Visit the IRD’s payroll giving page or download the Payroll Giving Guide (IR617).