
For the individual - Workplace Giving donations are deducted from your salary before tax is applied, thereby reducing taxable income. As donations are made pre-tax, it will only cost you 62 cents for every dollar you pledge (based on a marginal tax rate of 38%). Also donations are automated through your payroll system meaning you get an immediate tax deduction which saves the hassle of keeping receipts for your tax return. What’s more, if your company matches your deduction – your contribution will make twice the difference!
For employers - workplace giving offers a vehicle to build non profit community partnerships and boost employee morale. Research shows that such initiatives help to attract and retain quality talent. We can also provide volunteering opportunities for your staff to further their engagement.
For YWCA NSW, work place giving is low on cost and administration and therefore meaning a very high percentage of the funds goes directly to the cause. Furthermore, WPG is often a stable and long term funding source meaning we are able to ensure the sustainability of our work in the community.