Your donation to The Cube will help us to enable young people with disabilities to make informed individual choices.
The Cube is facilitated by the Yes Disability Resource Centre, who is also the budget holder. The Cube is reliant on grant funding and donations by companies and individuals. If you would like to make a donation to The Cube please contact email@example.com
Payroll giving is an easy way to support a good cause. It is a Department of Inland Revenue initiative whereby employees can elect to make donations to donee organisations directly through the payroll system.
The benefit to staff is that for every dollar they donate, they receive a third back as a tax credit automatically – no filing receipts at the end of the tax year.
Employees will be able to choose to make donations to approved donee organisations directly from their pay; they will then receive a tax credit of 33.33 cents for each dollar that they donate, in that pay period. For example, if they donate $10 in January, they will receive a tax credit of $3.33 in the same pay, meaning they don’t have to file a tax credit claim form at the end of the tax year to get a rebate.
Companies have the option to select a preferred donee organisation and, as an employer, deduct the donation from employees’ pay and to pass it on to the chosen donee organisation.
For further information from the Inland Revenue website please click here.