On 7 January 2010 the government brought in a system called Payroll Giving to make it easier for people wanting to donate to a charity. Payroll Giving allows you to make donations to charities and receive an immediate tax credit instead of having to retain your receipts and wait until the end of the tax year.
Payroll giving, where offered by your employer, gives you the opportunity to donate to approved donee organisations (Autism New Zealand Inc. is an approved done organisation) direct from your pay and receive immediate tax credits that reduce your PAYE payable. You don't need to wait until the end of the year to claim your tax credit.
Tax credits for payroll donations are calculated at 33.33 cents for each dollar donated which is deducted from you PAYE. This means that if you give $10.00 your net pay will only be reduced by $6.67 with the remainder coming from the tax you would otherwise be paying.
To set this up and give regularly to Autism New Zealand there are just two steps:
1/ Ask your employer if they are offering Payroll Giving (it is voluntary for employers as well as employees). If they are then check that they are happy for you to give to Autism New Zealand.
2/ Just print and complete a copy of the “Payroll Giving Request Form” and give it to your employer.
If you would like any further information either look on http://www.ird.govt.nz/news-updates/like-to-know-payroll-giving.html or phone Autism New Zealand National Office on (04) 803 3501.