Payroll Giving is a fantastic scheme. It makes giving to charity really tax-effective.
Anyone who is paid through PAYE (Pay as Your Earn) can do Payroll Giving, as long as their employer has signed up to the scheme. Basically, donations are made straight from gross pay before tax, and this means the value of donations is increased.
For instance, if a basic rate taxpayer pledges £10 per month, it actually only costs them £7.80.
… and for a higher rate tax payer this £10 per month would only cost £6.
Great, isn’t it!
Payroll Giving is easy to operate, and enhances any business’s CSR commitment.
If you are an employer who wants to know more about Payroll Giving, or you are an employee who wishes to introduce Payroll Giving to your workplace, please contact our Supporter Relations Department on 01543 468888 or by email.
The Inland Revenue’s own Payroll Giving pages provide lots of useful information.
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