WORKPLACE GIVING
WHAT IS WORKPLACE GIVING AND HOW DO I START DONATING?
Workplace giving (WPG also known as Payroll giving), enables employees to make a pre-tax donation to a registered charity of their choice direct from their salary. Employees make small, regular donations through their pay and receive an immediate tax refund.
It’s simple, low cost and extremely effective when a workforce gives together. Companies can even amplify their work place giving program by matching employees’ donations – meaning charities have the opportunity to receive more!
HOW DO I START WORKPLACE GIVING?
The easiest way to start work place giving is to ask your company if they have a workplace giving programme already set up. If so, they can set you up with the correct process and you can choose your charity of choice to start donating to every month – it’s as simple as that!
If they don’t have a workplace giving programme in place then tell your payroll department that you would like to start work place giving and ask them to arrange it. All modern payroll systems can facilitate a workplace giving program.
If you would like to donate to Women’s Community Shelters, please download and complete the Workplace giving donation form (download) and give it to your payroll department.
PAYROLL SET-UP PROCESS
- Obtain charity bank details and set up as vendors in Payroll
- Employee completes and submits donation form
- Payroll keys in deductions
- Deductions occur automatically each pay
- At month’s end Payroll sends funds to the charity with bank narration on deposit
- Charities should acknowledge receipts of funds to Payroll
- Payroll produces monthly report for Program Manager
- Payroll provides written advice of annual donations that employee can declare on their tax return.
DID YOU KNOW?
- Workplace giving does not affect an employee’s superannuation and payroll tax calculations like salary sacrificing.
- Workplace giving reduces the donors PAYG liability but it doesn’t decrease their gross income.
- 85% of employees believe it’s important to ‘give back’ through work (ACF 2013).
