Payroll Giving

How does payroll giving work? -

 

Any donation given in payroll giving is taken from your gross pay, every pound you give will only cost you 80p, or only 60p if you are a higher rate tax payer.

You donate

£5.00

£7.50

£10.00

Cost to you as a 20% taxpayer

£4.00

£6.00

£8.00

Cost to you as a 40% taxpayer

£3.00

£4.50

£6.00

Cost to you as a 50% taxpayer

£2.50

£3.75

£5.00

Check with your employer to see whether they accept Payroll Giving Donations. They will have a form you can fill in to set this up.

If your employer does not accept Payroll Giving Donations you can still give on a monthly basis and receive tax relief by filling your donation on your tax form.

 

If you would like more information please contact one of our staff on 01324 555843.