Wednesday 23 May 2018

Workplace giving

Employees can make regular, pre-tax contributions to support TAFE National Scholarships through workplace giving. Workplace giving is one of the most effective ways to give. Employees can nominate an amount pre tax that they would like to donate will receive an immediate tax benefit without having to wait to the end of the financial year for their refund. Your company may already participates in workplace giving, but if not your payroll department should be able to easily make appropriate arrangements.

Matched giving means employers may match their staff’s contributions. Every dollar donated comes from pre-tax income, so it's a win-win. Effectively, employees' contributions are doubled! And it's a great incentive for participation.

Benefits of workplace and matched giving:

  • Enhanced employee morale and retention through team work
  • Put corporate social responsibility values into action
  • Builds constructive not-for-profit relationships
  • Requires minimal work from payroll and is easy to set up.

Click here to download a form to send to your payroll people to enable regular deductions from your pay.