Payroll Giving
Employers can establish payroll giving schemes, which allow employees to make regular donations to their chosen organisations via deductions from their pay.
- Payroll giving enables employees to have charitable donations deducted automatically from their salaries before income tax is deducted
- Payroll Giving donations are deducted before tax so each £1.00 you give will only cost you 78p, and if you are a higher rate tax payer it will only cost you 60p
- In the 2004 budget, the Chancellor announced the launch of a Payroll Giving Grant Scheme for small and medium sized enterprises to set up Payroll Giving Schemes.
- If your employer offers a Payroll Giving scheme, an employee simply asks their payroll department to deduct regular charitable donations from their gross pay. You can change your donation amount, your charities, or even stop giving, just by telling your Personnel or pay department
- Further information for both employers and employees is available from the Inland Revenue on their telephone helpline 0151 472 6029/6053
If you wish to participate in Payroll Giving, please speak to your Human Resources Department at your workplace.
