Payroll giving gives you the opportunity to donate to Dementia Auckland direct from your pay and receive immediate tax credits.
If your employer offers a payroll giving scheme and you want to join, you need to give your employer the:
- full name of our organisation – Alzheimers Auckland Charitable Trust (trading as Dementia Auckland)
- amount of the donation you want to make
- pay period, or periods, you want the donation to be made
- our bank account or postal address
Alzheimers Auckland Charitable Trust
Account number: 12-3061-0389965-00
Level 4, Suite 5, 58 Surrey Crescent, Grey Lynn, Auckland 1021
PO Box 5132, Wellesley Street, Auckland 1141
You receive immediate tax credits on your donation. For every $1 you give you pay 66.6c, and the IRD pays the remaining 33.3c. So if you give $10 a month, it will actually cost you $6.66. This is because your employer deducts your donation before calculating tax.
Tax credits for payroll donations are calculated when a donation is made using payroll giving and gives immediate tax relief as a reduction in the employee's PAYE. The amount of the tax credit for payroll donations is 33.33 cents for each dollar donation.
Payroll giving is a scheme available to employers who file their EMS(IR348) and EDF(IR345) electronically using ir-File. Where offered, the scheme gives employees the opportunity to donate to approved organisations of their choice direct from their pay and receive an immediate tax credit for payroll donations.
Alzheimers Auckland Charitable Trust is an approved organisation on the IRD approved donee list.