Payroll Giving
Payroll Giving is a scheme that enables you to give to a UK charity straight from your gross salary (before tax is deducted), and to receive immediate tax relief of up to £4 for every £10 donated.
Providing that your employer offers Payroll Giving, you complete a form which is usually obtained from your Payroll Department or Personnel. The form asks you to give the name of the charity you want to support. Your employer will forward your completed form to the PGA and deduct from your pre-tax salary the total amount you want to give. Your donation is forwarded monthly to the PGA and they then distribute the gift each month to the charity of your choice. Payroll Giving is a voluntary donation and you can stop at any time. Simply tell your employers’ payroll department.
To set up a Payroll Giving scheme within your business all you have to do is sign up with a Payroll Giving Agency who will transmit the donations on your behalf. For a list of payroll agencies you can look on the charities commission website: www.charity-commission.gov.uk