The YMCA of Auckland is an approved donee and is registered as “Young Mens Christian Association of Auckland Incorporated”.
Only employers who electronically file their employer monthly schedule and deduction form can choose to offer payroll giving to their employees.
Payroll giving and employees
If your employer offers a payroll giving scheme and you want to join, you need to give your employer the:
- name of the donee organisation "Young Mens Christian Organisation of Auckland Incorporated”
- amount of the donation you want to make
- pay period, or periods, you want the donation to be made
- the donee organisation's bank account or postal address:
YMCA of Auckland Inc
Private Bag 92150
Victoria Street East
Auckland 1142
Bank Details: BNZ, Account Number 02 0280 0013761 000
If your employer’s scheme allows, you can alter the frequency, and amount of you donation.
How tax credits for payroll donations work
Tax credits for payroll donations are calculated at 33.33 cents for each dollar donated which is deducted from you PAYE.
Employers are responsible for calculating the correct tax credits for each payroll donation made by their employees.
The tax credit for payroll donations is 33.3333 cents for each dollar donated. Once the tax credit has been calculated, the employee’s PAYE is reduced by the amount of the tax credit.
For further information, visit the IRD Website www.ird.govt.nz