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TOYO TYRE & RUBBER AUSTRALIA LIMITED SUPPORTS ENVIRONMENTAL ORGANISATIONS

June 2006.

Toyo Tyre & Rubber Australia Limited supports environmental groups, charitable organisations and other community groups by a scheme promoting workplace giving by employees.

This scheme encourages employees to donate to organisations that have deductible gift recipient status (DGR)* using automated payroll deductions. Toyo Tyre & Rubber Australia Limited will match each contribution from employees, dollar for dollar. Employees will receive the benefit of an immediate tax deduction from their wage or salary payment.

The Workplace Giving for Employees scheme allows employees of Toyo Tyre & Rubber Australia Limited to contribute to their chosen environmental group, charitable organisation or other community group where they do not wish, or are unable to take a more active role. The scheme also means these organisations can spend less money on fund-raising activities and use more of their funds for the actual cause. Employees can be assured their chosen organisation will receive each contribution free of cost, together with the same contribution from Toyo Tyre & Rubber Australia Limited.

* A deductible gift recipient (DGR) is a charity or other organisation that is approved by the Australian Taxation Office as entitled to receive tax deductible donations.

 

 

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