Payroll and matched giving
Payroll giving is a scheme that enables your employees to give to any UK charity straight from their gross salary (before tax is deducted), and to receive immediate tax relief of up to £4 for every £10 donated.
The benefits to you as a company are that the scheme is quick and easy to set-up and administer. Payroll giving is a great way for you to demonstrate commitment to the causes that your employees care about. It can also aid retention and recruitment of staff, and enable you to generate a sustainable income stream to charities.
The benefits to Spina Bifida Hydrocephalus Scotland are that it provides a regular, reliable donation stream that allows us to plan ahead and budget for the future.
To set up a payroll giving scheme, all you have to do is sign up with a Payroll Giving Agency who will transmit the donations on your behalf – it’s as easy as that.
To show you are supportive of the work your employees are doing for charity many companies often agree to match donations made by individual employees. Either matching a sponsored challenge amount or perhaps match an employee’s contribution through Payroll Giving.
The amount you could match is, of course, flexible and can be a limited sum per person.
Call us on 03455 211 600 for more information or email us.