Payroll Giving
Payroll Giving is a way for employees to make regular and one-off payments to charity directly from their pay. You can also do this if you receive a company or personal pension through PAYE (Pay As You Earn).
This is the most tax efficient way of giving as payments you make to charity are deducted from your pay before tax is deducted (but not before National Insurance contributions), so you get tax relief on your donation immediately.
It is easy to set up a Payroll Giving Scheme for your business and there’s little in the way of cost and administration, as many payroll systems can handle Payroll giving without any adaptations.
If you are interested in setting up a Payroll Giving Scheme for your business, or if you want to suggest to your employer that they set up a scheme, please give our CEO, Gareth, a call.