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Payroll Potential

Businesses and employees can 'easily do more' with corporate giving programs reported The Age newspaper following the release of 'The Giving Business', a report on payroll giving in Australia by The Australian Charities Fund, Charities Aid Foundation, United Way, the Centre for Social Impact and PricewaterhouseCoopers.

The article noted that less than 1 per cent of Australian employees participate in payroll giving programs, despite tax changes introduced in 2002 that allow donations to be made from pre-tax income and that more than two-thirds of the 150 companies surveyed for the report had never heard of payroll giving.