How Payroll Giving can help your business and employees.
Payroll Giving is a simple and tax-efficient way for your employees to make a charitable donation each payday. Sometimes known as Give As You Earn or Workplace Giving, it is the easiest way to make a regular donation to the North West Air Ambulance Charity.
Donations are taken pre-tax direct from the donor’s pay, so they don’t pay any tax on it.
For example, if your employee chooses to make a donation of £10 to the North West Air Ambulance Charity, as a 20% tax payer, it will only cost them £8. If your employee is a 40% tax payer it will only cost them £6.
What are the benefits of payroll giving to my business?
There are many benefits to encouraging your employees to start making a payday donation.
Increase your contribution to charitable giving as well as enhancing you Corporate Social Responsibility activities.
Build a charitable profile with consumers and customers, all while allowing your employees to support a charity of their choice.
The Payroll Giving Quality Mark is a government-backed accreditation which rewards companies that offer Payroll Giving to their employees. Different levels of the mark are available, from Bronze to Diamond.
Companies with a Payroll Giving scheme can also be nominated to win an award at the annual National Payroll Giving Excellence Awards ceremony.
How does Payroll Giving work for your employees?
1. They can complete the form above or they can contact your payroll department to let them know they'd like to donate via Payroll Giving.
2. They'll choose the amount they would like to donate each payday.
3. Their donation will be deducted from their salary, before tax, each month.
4. Their donation will be received by the North West Air Ambulance Charity
5. Thanks to their support we can continue flying to save lives across the North West.
There is no minimum or maximum donation value. You can donate whatever amount you wish.
The first donation will be made on the next pay day after your employees donation has been set up. Please note that if the payroll processing date for the next pay day has already passed, the first donation could be the following pay day.
They can increase, decrease, or stop their Payroll Giving donation at any time. Simply speak to the payroll department.
There is a small administration fee required to process the donation, usually around 3%. This is paid to the Payroll Giving Agency and will cover their costs. It is taken directly from the donation so you don’t need to do anything.
Having a Payroll Giving scheme is an easy way for business to show your employees you care about them and their favourite causes. You can contact us or visit www.gov.uk/payroll-giving for more information on setting up a Payroll Giving scheme.
Did you know?
A monthly donation of just £6 from one employee could cover the cost of a Bougie, a crucial item used to guide a breathing tube into a patients airway.
North west air ambulance charity's CEO, Heather Arrowsmith, stood next to Bright HR's CEO