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.
Is there an algae issue where you are?
Once touted as an anglers paradise, and a top water-sport playground on the Waikato River, Mangakino is in danger of becoming a ghost town as toxic algal blooms slowly suck the life out of its main attraction - Lake Maraetai.
Locals say cyanobacterial algal blooms in the river’s hydro lakes have become more frequent over the past five years, and when they arrive no-one can swim or fish in them.
Is there an algae issue where you are? Tell us more in the comments (adding NFP if you don't want your words used in print).
Tamahere home in dentist case was once centre of accountant’s fraud
It’s been a feature in a recent Hamilton District Court trial , but a Tamahere mansion already has an complicated history.
The property in Woodcock Rd - notable for having a hydroslide in the back yard - the scene of now-disproved alleged sexual offending by Hamilton dentist Rahul Gautam - made headlines more than 15 years ago, when it was a focus in the case of accountant Gary Soffe.
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.4% For. Self-service is less frustrating and convenient.
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43.6% I want to be able to choose.
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47% Against. I want to deal with people.
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