Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Telecom payroll giving milestone applauded

Hon Peter Dunne

Minister of Revenue


Monday, 4 February 2013 Media Statement

Telecom payroll giving milestone applauded
Revenue Minister Peter Dunne today praised Telecom for leading the way for large corporates in supporting payroll giving, as the Telecom Foundation hit $1 million in donations to New Zealand charities, schools and community groups.

“Telecom and the Telecom Foundation have shown the way on payroll giving since they came on board with the scheme 18 months ago,” Mr Dunne said.

“Both the Telecom management who had the foresight and corporate spirit to back payroll giving, and the more than 20 percent of Telecom staff who have supported their favourite causes through the scheme should be very proud of what they are doing for New Zealand,” he said.

Since payroll giving was introduced in November 2009, more than $8.9 million has been donated directly from a growing number of peoples' pay to their favourite charity or donee organisation.

In November alone – the most recent figures available – 3539 employees nationwide donated just under $396,000. Because the donations were made through payroll giving, these employees received immediate tax credits totalling just under $132,000. They did not need to wait until the end of the year to make a claim.

“And that is the beauty of the scheme. It makes New Zealanders’ natural generosity and inclination to support worthy causesso simple and straightforward,” Mr Dunne said.

Some 770 New Zealand employers and businesses are signed up for payroll giving – and the number is growing by 15 to 20 a month – and over 13,000 workers have taken part in the scheme since its inception.

More information on payroll giving and how to join it can be found at www.ird.govt.nz/news-updates/like-to-know-payroll-giving-updates.html

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news