Payroll Giving is a ‘give-as-you-earn’ scheme which offers employees the opportunity to support Just Zilch each pay day. Your donation is simply deducted from your regular pay.
The tax benefit of your donation is applied immediately, with a 33.33% tax rebate each pay period. All deductions, credits and donations are managed automatically through your employer’s payroll system.
For example, if you donated $15.00 to Just Zilch via payroll giving, there is only an actual cost to you of $10.00 as the tax credit is applied to your donation immediately. Just Zilch would receive the total amount of $15.00.
As the tax credits are applied immediately to your payroll giving amounts, there are no receipt claims to make at the end of each tax year and Just Zilch, as your chosen charity, directly benefits from your donation each month.
Payroll Giving is an entirely voluntary scheme, both for employees and employers. Currently there are over 18,000 organisations registered on the approved charities list. We hope that your workplace will agree to participate with Payroll Giving and consider Just Zilch as a charity of choice.
Please click on the relevant link below for more information:
More detailed information regarding the Payroll Giving scheme is available on the Inland Revenue website.