Where the payroll people have their say…
Posted in Payroll Comment on Nov 11th, 2009
FiveStar staff have been working on adding payroll giving to our payroll “Payroll Pro”. Payroll Giving takes effect from the 7th January 2010. The scheme provides a tax credit when an employee makes a gift of money to a donee organisation such as a school or charity. The employee will be able to donate money and […]
Posted in Payroll Comment on Sep 29th, 2009
The Government has passed tax legislation including the introduction of a New Zealand payroll giving scheme, enabling employees to make contributions to charities direct from their pay while immediately receiving a tax credit via PAYE. Given recent scrutiny on charitable fundraising methods and costs to attract public donations, the advent of payroll giving programmes from […]
Posted in Inland Revenue on Sep 18th, 2009
The Government has just passed legislation allowing for Payroll Giving. “The eagerly awaited payroll giving scheme for charitable donations, which will operate through the tax PAYE system, will come into being three months from the date the new legislation receives Royal assent, which probably means before Christmas. Under the scheme, people whose employers sign up […]
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