PAYROLL GIVING (Give as you earn)

Payroll Giving is so valuable to us, because it provides long term support – regular income to help us budget and plan ahead more effectively.

Over 9,000 businesses already offer the benefits of Payroll Giving to around 5 million employees. And the numbers are growing all the time because it’s cheaper to employees being tax free. Here are a few examples.

Click here for our payroll giving form.

 

Employee Donates Cost for a 22% taxpayer Cost for a 40% taxpayer
£5.00 £3.90 £3.00
£7.50 £5.85 £2.50
£10.00 £7.80 £6.00

 

We often get asked these questions:

Q: How can I arrange for my employer to give a regular donation to Brainwave from my salary?
A. Ask your employer if the organization runs a Payroll Scheme. If they do, complete our payroll giving form (Click here) and hand it to your payroll department. If not, suggest to your senior management team, that the organization registers with a Payroll Giving Agency – see below for details.

Q: Why should I offer Payroll Giving to my employees?
A. Running a Payroll Giving scheme can be good for your business. It shows that you are committed to working in partnership with the community, something that is increasingly important to customers and staff. It shows that you care about your staff – offering them the benefits of Payroll Giving can help to build better employee relations and attract the right people to come and work for you. It is easy and inexpensive to run, and you get a deduction against your profits for your costs.

Q: How does Payroll Giving work?
A. Your employee asks you to deduct regular charitable donations from their pay. You make the deduction from before-tax pay – in other words, after calculation of National Insurance Contributions but before deduction of ‘Pay As You Earn’ tax. This way your employee gets tax relief straight away at their top rate of tax. You as an employer pay over all the money you deduct to an Inland Revenue-approved Payroll Giving agency, and they do the rest – distributing the money to Brainwave or other charities of their choice.

Please contact : caroleheadley@brainwave.org.uk or phone her on: 07738 252191 for more information.

Twitter: brainwavecentre

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