A smart way to give #donateatwork
WEDNESDAY, JUNE 2, 2021
We know that times are tough and there is a lot of uncertainty right now. Whilst you may be looking to make a difference, you might be worried about stretching yourself too thin. We understand. That’s why there is no better time to start giving through your pay than right now. Diverting your tax to do good is a wonderful way to support the causes that you are passionate about and it helps you too!
With Workplace Giving, your donation is deducted straight from your pre-tax income. That means that you are actually saving on tax and you’re not touching the pay that you take home.
You can make a significant and lasting impact to causes that you love, including Miracle Babies Foundation, without spending a cent.
Workplace Giving: The benefits for you as an individual
- Workplace Giving donations are set up as a recurring donation, straight through your employer – it’s automatically deducted, so just set and forget.
- You won’t even notice it – you will still receive the same amount into your bank account each pay
- BUT, you won’t be paying as much tax!
- Your company also has the opportunity to match your donation (if they wish)
Don’t wait for your company, you can make the first move!
Through signing up to Good2Give, you have the power to initiate workplace giving with your employer. Good2Give is a platform designed specifically for Workplace Giving. Both organisations and individuals sign up through the platform directly.
As an individual, here’s what you need to do:
- Sign up to Good2Give (as an individual)
- Check if your company is participating, if not, follow up to see if they can sign up to Good2Give to support you and other employees who wish to give
- Find Miracle Babies Foundation and complete the setup
It’s that easy!
Note: If your employer isn’t on Good2Give they may already have a Workplace Giving Program in place. Speak to your team to find out. If they don’t, then ask them if they will support you on Good2Give.
Some organisations already supporting Miracle Babies with their employees on Good2Give include: Westpac Group, Australia Post, Ernst & Young, Pinnacle Investment Management, Challenger Group Services Pty Ltd, My Net Fone Australia Pty Ltd, Rio Tinto Services Ltd, Vita Group Limited, CAF America, Westpac Group.
What are you waiting for? Sign up as an individual now.
The Good2Give Workplace Giving Tax Calculator will devise how much you can save on tax each year, based on your annual income and regular donation amount.
For businesses: Why you should get involved
Workplace Giving makes sense – financially and ethically
- Employees will appreciate the opportunity to give through a simple and tax-efficient process.
- Enhancing corporate reputation Increases your company’s charitable giving with little effort or cost.
- Creates a positive partnership between you and your employees.
- Allows you to monitor the amount of your company’s charitable giving.
- Provides your company with an avenue to support your employees fundraising efforts through company matching if available.
- The tax benefits are immediate. There is no need to organise receipts at the end of June and no risk of missing out on claims through lost paperwork
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Miracle Babies Foundation is Australia’s leading not-for-profit organisation supporting premature and sick newborns, their families and the hospitals that care for them. Every year in Australia, 48,000 babies are born premature or sick and up to 1,000 babies will sadly lose their fight for life. With no regular government funding, your support is vital in helping more families access life-changing emotional support services and resources that will lead to better, healthier outcomes for the entire family unit.
Contact [email protected] if you would like some assistance or more information on setting up a Workplace Giving Program for your organisation.
