Workplace Giving FAQ
Answers to some commonly asked questions are below:
Deakin University has Deductible Gift Recipient (DGR) status so all donations to Deakin are eligible for 100% tax deduction. The nominated charities are also registered DGRs and all donations over $2 per annum are tax deductible.
A donation which is made pre-tax is deducted from your gross fortnightly salary and tax will be automatically adjusted in accordance with the ATO PAYG Withholding Tax Tables. You will receive the tax deduction immediately.
A post-tax donation is deducted from your net fortnightly salary. You can then claim your tax deduction at the end of financial year when completing your annual tax return.
No. At the end of the financial year your payment summary will show the total amount you donated to the Deakin University Workplace Giving Program for the year.
If I choose to make a pre-tax donation to Deakin projects, and receive the tax deduction immediately, why do I still need to claim this in my next tax return?
Everyone who donates through a workplace giving program must claim the total amount of donations in their tax return. You must do this regardless of whether you have been getting pay day tax benefits for your donations. Your employer will let you know how much you have donated over the year in some written form or it will be printed on your Payment Summary (Group Certificate).
This advice is provided as general guidance only. Should you require further assistance, it is recommended that you seek out independent personal taxation advice, or go to www.ato.gov.au for further information.
A staff survey, distributed in December 2007, outlined the University's preferred areas of interest and community partners, with survey responses endorsing the recommended projects as recipients of philanthropic support through the Deakin University Workplace Giving Program.
100% of your gift will be transferred directly to the program or charity you choose to support. The University takes no administration fees from the Workplace Giving Program.
You may consider a regular fortnightly donation or a one-off donation of $2.00 or more at any time of the year. For example, you may choose to have part of your annual bonus deducted from your salary.
You can, and you are encouraged to do so! However for tax-compliance and logistical reasons, the University can only offer payroll deductions for a limited number of dedicated funds through the Deakin University Workplace Giving Program.
To discuss other giving options or for more details about Deakin's Workplace Giving program please contact us.