Forum Discussion

JenDPT's avatar
JenDPT
Experienced User
4 months ago

Payroll giving

Hi there

 

I am using MYOB Business Payroll and am trying to find out if Payroll giving is available?

 

When I check the IRD site, I can see that I would need to do the following:

Deduct the donation amount your employee has requested from their salary or wage.

Work out the tax credit for each donation an employee makes.

The amount is 33.33% of the donated amount. Reduce your employee’s PAYE by this amount.

Record the tax credit for each employee when you submit your employer monthly schedule.

 

Would I be able to setup a Payroll giving deduction? or would I have to manually calculate with each pay processed?

Thanks

  • Hi JenDPT Payroll giving is not in Business payroll as yet - you would need to manually calculate it.

  • jenniek's avatar
    jenniek
    Ultimate Partner

    Hi JenDPT Payroll giving is not in Business payroll as yet - you would need to manually calculate it.