|
Workplace Giving . . . An alternative method of donating to the school
What is workplace giving?
Workplace giving is a simple and effective way for employees to regularly
donate to charities or organisations who are entitled to receive tax deductible
donations. To participate in the workplace giving program the charity or
organisation, such as -
- Sydney High School Centenary Building Fund - ABN: 24092934403
- Sydney Boys High School Library Fund - ABN: 38314227194
- Sydney Boys High School Building Fund - ABN: 38314227194
- Sydney Boys High School Scholarship Fund - ABN: 62078650439
must have deductible gift recipient (DGR) status.
Workplace giving is optional. Both the employee and the employer must agree to participate.
Another benefit is that DGR(s) are not required to issue receipts to the donors (although the employer may request a receipt from the DGR).
Completing income tax returns
Individual income tax returns are not affected by workplace giving.
Donations made under a workplace giving arrangement and donations made direct to DGR(s) are completed in the same way on the income tax return.
If you or your employer need further information, please go to the ATO Website: http://www.ato.gov.au/businesses/content.asp?doc=/content/34483.htm
|