Giving through my pay
Make a regular donation to Coastguard through your employer each pay day and receive an immediate tax credit.
What is payroll giving?
Payroll giving allows employees to make regular donations to approved donee organisations such as Coastguard.
As with other donations, you are entitled to a tax credit of 33.33c for each dollar donated - however, instead of having to wait until the end of the tax year to receive the credit, 33.33c for every dollar donated is credited to your pay at the time of donation.
So, if you donate $30 fortnightly to Coastguard through payroll giving, it will only cost you $20 because you receive one third of your donation back as a tax credit immediately in your pay!
Coastguard New Zealand is an approved donee organisation, listed on the IRD website under our legal name: ROYAL NZ COASTGUARD FEDERATION INC. Our bank account number is 12-3209-0434030-01.
How it works
Your employer deducts the donation from your pay, reduces your PAYE by the appropriate tax credit and then forwards your donation to Coastguard. Once it’s set up it’s easy to manage and you can stop, start or change the amount of your regular payroll donation at any time.
You can find out exactly how to set up a new payroll gift on the IRD website or download the Payroll Giving Guide (IR617).
Which employers offer payroll giving?
Any organisation which electronically files its employer monthly schedule and deduction form with the IRD can offer payroll giving to its employees.
As payroll giving is still quite new in New Zealand, not every employer offers it. Just ask your manager or HR representative if it is available in your workplace.
If your employer doesn't offer payroll giving at this time...
Please consider setting up a regular gift as part of Team Rescue, either by credit card or direct debit. You can choose what to give and each April we'll send you a tax receipt for your donations throughout the year. Find out more about Team Rescue here.
Information for employers
As an employer, payroll giving is a great way to introduce corporate social responsibility to your employees. The scheme can also boost staff morale and complement any existing volunteering and employee engagement programmes you may have running.
If your organisation would like to find out more about setting up payroll giving for your employees, please visit the IRD.
Regular donations are a fantastic way of supporting our work throughout the seasons, from the turbulent and unpredictable winter to the busy summer months.