Payroll giving is a very easy way to donate money to SAFE and benefit directly through immediate tax credits that reduce your PAYE.
SAFE is an approved donee organisation, listed at the IRD as Save Animals From Exploitation. Just check if your employer offers this scheme, and if not suggest they visit the IRD website for employers.
If your employer does offer payroll giving, it is very simple. Give your employer SAFE's details, the amount you would like to donate and the pay period you want the donation to be made. The tax credit for payroll donations is 33.3333 cents for each dollar donated. Once the tax credit has been calculated, your PAYE is reduced by the amount of the tax credit.
The details to give to your employer are:
- Donee organisation: Save Animals From Exploitation
- Bank: Westpac
- Account Name: SAFE
- Account Number: 03 1558 0005198 01
For more information, please visit the relevant IRD web page.