How does workplace giving work?
Employees: You can support Child Wise through your company’s Workplace Giving scheme, provided Child Wise is on their list of nominated charities. If we are not on the list, you can ask to nominate Child Wise as your chosen charity. If you do not have a Workplace Giving program, Charities Aid Foundation (CAF) can assist you. Just select Child Wise as your nominated charity. Employers: Workplace Giving can be easily managed through your normal payroll system. There are no tax forms to fill out and all employees on the Pay As You Earn tax system may join the program. Further information can be found on the Australian Taxation Office website at http://www.ato.gov.au/content/downloads/n9185-06-04.pdf Pre-tax giving: Most Workplace Giving programs make contributions from your pre-tax salary, allowing you to receive the tax benefit immediately. This means that Child Wise does not need to issue individual receipts, saving us both time and money.
An organization chooses to become a business partner and offers employees the option of payroll deduction to Earth Share of Oregon through a workplace campaign. Employees who choose to give to the environmental choice offered by Earth Share of Oregon may either give a general gift for Earth Share to distribute to all of our groups or the employee may designate one or more specific conservation group from our list of 67.
Employers, who wish to offer workplace giving, invite their employees to specify the amount they wish to donate. Generally, the donation amount will be a fixed amount that will be deducted on each pay day. The donation is paid directly by the employer to MDA. The workplace giving arrangement does not affect an employee’s gross income or other calculations, such as superannuation guarantee payments or fringe benefits (FBT). What is the cost to employers? Incorporating payroll giving into an existing payroll system is a relatively simple task. The main cost to the business is in the initial set up of the program (systems changes and entering in deductions for each employee/donor), communications with staff at the establishment phase and in ongoing promotion and reporting back to staff. Whose responsibility is it to keep track of donations made? Employers will need to provide written advice detailing the amount donated by each employee at the end of each financial year. This advice can be
Employees: you can support Catherine House Inc through your company’s workplace giving program, provided Catherine House Inc. is on their list of organisations to support. If we are not on the list, you can ask to nominate Catherine House Inc as your chosen charity. Employers: Workplace giving can be easily managed through your normal payroll system. There are no tax forms to complete and all employees on the Pay As You Earn tax system may join the program. Further information can be found on the Australian Taxation Office website at www.ato.gov.au/content/downloads/n9185-06-04.pdf. If you want to set up a workplace giving program advice on the best way to establish one is also found on this website. Pre-tax giving: In most cases these contributions will be made from pre-tax salary, allowing employees to receive the tax benefit immediately. This means that Catherine House Inc. does not need to issue individual receipts, which represents a saving in time and money for both employers and
The Workplace Giving program means that donations are given pre-tax through your pay and so the tax deduction is immediate This will vary depending on the level of your donation and your personal circumstances, but for example, if you nominate to donate $20 from your salary pre-tax, it will actually only cost you $13.70 after the tax deduction, but the Charity will still receive the full $20.
