Payroll giving
Q: How can you turn £3.90 into £5.00 for St Peter & St James?
A: By Giving As You Earn!
This is sometimes called "payroll giving" and can be administered by those who do the payroll in your place of work.
Payroll Giving is a unique way to donate money to a charity. When you choose to give via a standing order or a single donation you are giving out of a taxed income. When you choose Payroll Giving your donation is taken from your pay before tax is deducted.
For instance, should you decide to donate £5 a month to us, your employer makes the deduction before you pay tax. This means that you get tax relief included in your donation at your top rate of tax and it is so simple to do.
Example:
| Employee's pledge to charity (gross per month) | £5 | or | £10 |
| Taxed at 22% (current base rate) | £1.10 | or | £2.20 |
| Employee's deduction (net per month) | £3.90 | or | £7.80 |
Providing that your employer offers Payroll Giving, this just couldn't be simpler. You authorise your employer to deduct regular charitable donations from your pay. Your employer then pays these donations to a Payroll Giving agency approved by the Inland Revenue. The agency then distributes the money to the charity, or charities, of your choice.
If you would like to know more please contact the Fundraising Department.