By donating as little as £10 a month from your salary – probably less than you spend on sandwiches – you will help 12 children attend school for a year or provide three goats to an orphanage.
Payroll giving is a way to give to charity straight from your salary – the deduction will show on your wage slip. It is simple and easy to operate and you are in control. The big advantage is that the money you would have paid in income tax goes to the charity. So if you want Challenge Africa to receive £10 a month, you only pay £7.80 (£6 if you are a higher rate taxpayer).
If you are an employee its a really easy way to show your support for a charity every month. The donation is taken from pre tax pay and shows on your payslip, what’s brilliant is that Challenge Africa gets more than you donate and it doesn’t affect National Insurance or personal tax allowance. You can give to as many charities as you want using payroll giving, and its a wonderful way to provide long term support to people who really need it.
For employers, payroll giving is easy and cheap to set up – it simply involves a small change to the company’s payroll system. The scheme is processed by a Payroll Giving Agency to provide an audit trail and to prevent fraud.
It can be part of your Corporate Social Responsibility policy and employees appreciate that their employer is actively encouraging charitable giving.
The scheme needs: