Workplace Giving is an effective and easy way for employees to make an ongoing contribution to the Breast Cancer Institute of Australia (BCIA).
Workplace Giving is the process of making regular donations to charities through your employer’s payroll system.
Donations are deducted direct from your gross salary, by arrangement with your employer’s payroll department. You just need to decide how much you would like to give and this amount will be deducted each pay period.
You will receive an immediate tax deduction for your donation each pay period because your donation is made pre-tax, therefore reducing your taxable income. This alleviates the need for you to keep receipts and wait until you are submitting your annual tax return to claim your tax deduction. You make your donation and receive your tax deduction all at the same time.
Employers who do not have a Workplace Giving program in place may like to consider using an organisation such as Good2Give. This is a not-for-profit organisation that can provide the knowledge, infrastructure, back-office administration and ongoing management of Workplace Giving programs for employers. Good2Give can facilitate Workplace Giving to a number of charities allowing employees to choose which charity they wish to support.
For more information, visit their website at www.good2give.org.au
Some employers choose to match employee donations as a special way to support their employee’s commitments to charities and causes.
Donating to the BCIA in this way is cost-effective and also provides you with a simple, regular way to show your support for our breast cancer research programs.
Why not talk with your employer today about the possibility of contributing to the BCIA through Workplace Giving? Employers wishing to establish a Workplace Giving Program can obtain more information from the Australian Taxation Office at www.ato.gov.au