Taranaki Foundation Logo Close

How do employees get an immediate tax benefit?

Not only is Workplace Giving an easy way for people to donate a little often, it also has the added bonus of an immediate tax benefit.

Employees receive an immediate tax credit for their donations, instead of having to retain their receipts and wait until the end of the year to claim a rebate.

For every dollar donated they receive a third back as a tax credit in the same pay period. If you donate $7.50, the government pays $2.50 of that meaning only $5 is deducted from your pay packet.