Scribd
Upload
60 views1 page

An Introduction To Payroll Giving: Scenario 1

This document provides an introduction to payroll giving, which allows employees to donate to charity directly from their wages pre-tax. It explains that employees can donate to multiple charities with a minimum of £10 per charity per month. Donating through payroll giving is tax efficient as tax savings increase the value of donations. The document provides examples of how donations of £10 per month are impacted by tax rates of 20% and 40%. It provides contact information for questions about setting up payroll giving or other charity services.

Uploaded by

api-269217586
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
60 views1 page

An Introduction To Payroll Giving: Scenario 1

This document provides an introduction to payroll giving, which allows employees to donate to charity directly from their wages pre-tax. It explains that employees can donate to multiple charities with a minimum of £10 per charity per month. Donating through payroll giving is tax efficient as tax savings increase the value of donations. The document provides examples of how donations of £10 per month are impacted by tax rates of 20% and 40%. It provides contact information for questions about setting up payroll giving or other charity services.

Uploaded by

api-269217586
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

An

Introduction to Payroll Giving


Payroll Giving is an easy way for employees to give to charity through their pay.

Monies are taken direct from your wages, pre-tax.

You can give to the charity of your choice.

You can give to more than one charity if you wish but we ask that the minimum
donation per month is 10 per charity.

Payroll giving is a tax efficient way to make donations.

Scenario 1
You are taxed at 20% and want to give 10 per month to charity
You pledge 10 to the charity of your choice
The actual cost to you as the employee is 8.00
The tax benefit adds 2.00 bringing the donation up to 10

Scenario 2
You are taxed at 40% and want to give 10 per month to charity
You pledge 10 to the charity of your choice
The actual cost to you as the employee is 6.00
The tax benefit adds 4.00 bringing the donation up to 10

Your HR department can advise you further on how to set up a scheme at your place of work or you
can contact a member of our team. Please note that in line with other providers, The Charity Service
deducts an administration fee of 4% from your donation to cover bank charges and staff costs. (This
equates to 40p on a 10 donation). Some employers opt to pay this administration fee on behalf of
the employee.

Sue Dilworth, Payroll Giving Lead & Grant Administrator
Email: Sue.dilworth@charityservice.org.uk or Tel: 0303 999 1212 Option 2
Ashlie Tottle, Comms & Marketing Manager
Email: Ashlie.tottle@charityservice.org.uk or Mobile: 07730 217 954

The Charity Service can also provide a copy of our Payroll Giving powerpoint. Further details about
our Payroll Giving services are also available at http://www.charityservice.org.uk/our-
services/services-for-business/payroll-giving/
Grant administration St Thomas Centre, Ardwick Green North
Payroll giving Manchester M12 6FZ
Personalised charitable trusts Telephone 0303 999 1212
Will and estate planning Enquiries@charityservice.org.uk
Corporate social responsibility planning www.charityservice.org.uk
Twitter @TCSManchester
Company limited by guarantee in England & Wales No: 2538910

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy