Payroll giving
Payroll giving is one of the most simple and tax-efficient ways that UK employees can donate to charity.
Anyone who pays UK income tax can set up automated donations straight from their gross pay. As gifts are deducted before tax is calculated, each donation costs the individual less than if donated from their net pay.
For example, on the basic rate of tax (20 percent) a pledge of £10 a month will actually cost the donor only £8. There are no costs to the company other than the short amount of time taken to set up the scheme.
Employers may wish to make a further contribution by paying administration fees or by matching employee donations (which can be charged against profits).
Get in touch for more information about how to set up your own payroll giving scheme.
0207 803 4810
