Payroll giving enables you to donate straight from your gross salary (before tax is deducted) giving immediate tax relief on those donations. It’s also possible to donate like this through a pension.
If you pay tax at the basic rate, for every £1 that you earn, 20p is paid in tax. If you pledge £10 a month, we receive the full amount, but only £8 will be deducted from your net pay.
If you receive income tax at the higher rate of 40%, only £6 would be deducted from your net pay. It’s more efficient for higher rate taxpayers to donate through payroll giving than gift aid as charities are unable to claim back tax above the basic rate through the gift aid scheme.
Set up payroll giving now using our payroll giving form. Whether you’re thinking of donating in this way or you’re an employer wanting more information, we’d be happy to help answer any questions you have about payroll giving.
Please contact the Fundraising Team by telephone on 020 7343 4200 or email firstname.lastname@example.org.