Payroll Giving has recently been introduced in New Zealand and is a great way to support us.
The scheme allows employees to make a charitable donation to a Donee Organisation directly from their pay and to claim an immediate 33.3% tax credit on their donation.
Prior to Payroll Giving being introduced, donors had to save donation receipts and submit them at the end of the tax year to obtain a tax refund.
What you need to know:
- Payroll Giving is voluntary for both the employer and employee
- Tax credits are 33.3% of the total donation
- The PAYE is reduced by the amount of tax credit
- Only organisations listed on with the Inland Revenue as a Donee Organisation qualify to receive donations via Payroll Giving
- Employers can only offer the service to employees if they file their EMS (IR348) and EDF (IR345) electronically
Wellington SPCA is a Donee Organisation and is listed as WELLINGTON S P C A (INC) on the Inland Revenue’s website under Donee Organisations.
Please pass on our bank account details and postal address to your employer for depositing donations:
Account Name: Wellington SPCA Inc
Account Number: 06 0501 0887674 00.
Postal Address: Wellington SPCA, PO Box 7069, Newtown, Wellington 6242.
If you are interested in supporting us through Payroll Giving please email Suzanne Silva, our Fundraising Manager, at SuzanneS@wellingtonspca.org.nz or call her on 04 389 8044 ext: 819.
To get more information and a more in-depth explanation of the scheme, check out the Office for the Community and Voluntary Sector’s website.
Thank you for your support!