Payroll giving + investment fund = win win win
Coupling IRD’s Payroll Giving scheme with a philanthropic investment fund has been a ‘win win win’ for a Waikato engineering firm, its employees and the social service providers they’ve supported.
Longveld started up its fund in 2019 at Momentum Waikato, their local community foundation, and ever since has dollar-for-dollar matched their team’s donations towards it.
Payroll Giving takes the agreed donations out of pay packets in the same manner as income tax or student loan repayments, with the tax on the donation being able to be claimed back at tax return time.
Once a year the team votes on where to grant a portion of the fund’s income, which Managing Director Pam Roa describes as “a fun process”.
“Our payroll giving and funding vote brings together our support team and our trade crew for a common purpose unrelated to work,” says Pam.
Longveld fabricated Ngaa Pou Karohirohi (pictured) on Hamilton’s city river jetty, a project led by artist Eugene Kara, Ngaati Korokii Kahukura, in collaboration with local hapuu representatives.
Poll: Is the increase in disability parking fines fair?
In October, the fine for parking in a designated mobility car park without a permit has jumped from $150 to $750—a 400% increase!
The goal is to keep these spaces open for those who truly need them. Do you think this big increase in the fine is fair? Share your thoughts below.
-
89.3% Yes, it's fair
-
9.9% No, it's unreasonable
-
0.8% Other - I'll share below
Poll: What do you think about our city producing school lunches for NZ?
One hundred new jobs will be created in Hamilton as the city becomes the lunchbox of the nation.
All frozen school lunches from Kaitaia to Bluff will be made in Pukete in a purpose built plant operated by The School Lunch Collective.
What do you think about our city producing school lunches for NZ? Tell us your reasons in the comments (adding NFP if you don't want your words used in print).
-
66.7% I support it
-
8.3% I don't support it
-
25% I'm not really bothered
Are you following the water charge discussions at Hamilton City Council?
Hamilton city councillors have taken tangible steps towards a new water regime that will see a charge based on their property’s capital valuation in their rates bill for the first time next year.
The council voted unanimously on Thursday on a series of direction-setting decisions in relation to the 2024-2034 Long-Term Plan Amendments.