274:
equivalent to donating £100 via
Payroll Giving. In both cases, the benefit to the charity is £100 (disregarding the Transitional Relief payable until April 2011). The cost to a basic rate taxpayer is £80 in both cases, as the £100 paid by Payroll Giving would otherwise have been taxed at 20%. The cost to a higher rate taxpayer is £60 for the Payroll Giving donation (£100 less 40%), and initially £80 for the Gift Aid donation, although the higher rate taxpayer can later reclaim the £20 difference through his/her tax return.
104:
38:
286:
policy, Payroll Giving offers employees the opportunity to support social causes while demonstrating the company's commitment to social responsibility. Employers with high participation rates can win Bronze, Silver and Gold awards from the
Government. From 2012 the Government is also introducing a
245:
Over 8,500 employers in the UK currently operate the
Payroll Giving scheme, with approximately 2% of UK employees participating. Participating employers deduct agreed sums of money from their employees' pay before tax calculation and forward the funds to a payroll giving agency. The agency then
273:
It is nonetheless possible to achieve the same result using Gift Aid, regardless of which tax band the donor is in, because the Gift Aid scheme allows higher rate taxpayers to reclaim the difference between higher and basic rate taxes. For example, if a donor gives £80 via Gift Aid, this is
249:
Payroll giving is operated by several agencies which do the administration and processing to link the donations to the correct charities. Employers have to choose which agency to operate with and may not pay the charities directly.
246:
distributes the donations to registered UK charities based on the employees' preferences, deducting an administration fee, which may vary between agencies. Some employers cover this fee on behalf of their employees.
266:
The UK has a progressive Income Tax system with a top rate in 2015 of 45%. For higher rate tax payers this is a simpler way to donate to charity tax effectively than
48:
337:
63:
295:
Charities recognized by HMRC benefit from receiving tax-free donations through
Payroll Giving, and in some cases matched by employees.
222:
Introduced in 1987, Payroll Giving allows employees to make donations to the UK registered charity of their choice directly from their
396:
411:
168:
140:
147:
187:
85:
17:
253:
Payroll Giving is promoted within workplaces by a number of
Professional Fundraising Organizations or charities.
121:
67:
154:
125:
136:
353:
114:
283:
161:
8:
55:
216:
401:
406:
59:
270:, as Gift Aid assumes all donations are from Basic rate Taxpayers (20% rate).
390:
234:
227:
237:
program to match or part match their employee donations via
Payroll Giving.
27:
Tax free way for UK taxpayers to give money to UK Registered
Charities
223:
365:
312:
103:
267:
215:) is a scheme for UK taxpayers to donate money to UK
66:, and by adding encyclopedic content written from a
128:. Unsourced material may be challenged and removed.
388:
338:"UK Companies Operating a Matching Gift Scheme"
188:Learn how and when to remove this message
86:Learn how and when to remove this message
14:
389:
47:contains content that is written like
126:adding citations to reliable sources
97:
31:
233:Some companies have put in place a
24:
25:
423:
240:
102:
36:
290:
282:As part of a broader corporate
277:
230:for the charity to claim back.
113:needs additional citations for
397:Taxation in the United Kingdom
358:
347:
330:
305:
13:
1:
412:Charity in the United Kingdom
298:
287:Platinum Quality Mark Award.
261:
7:
10:
428:
256:
284:social responsibility
68:neutral point of view
217:Registered Charities
122:improve this article
60:promotional content
62:and inappropriate
198:
197:
190:
172:
96:
95:
88:
16:(Redirected from
419:
381:
380:
378:
376:
366:"Payroll Giving"
362:
356:
354:Engage wins Gold
351:
345:
344:
342:
334:
328:
327:
325:
323:
313:"Payroll Giving"
309:
209:Give As You Earn
205:Workplace Giving
193:
186:
182:
179:
173:
171:
137:"Payroll giving"
130:
106:
98:
91:
84:
80:
77:
71:
49:an advertisement
40:
39:
32:
21:
18:Give As You Earn
427:
426:
422:
421:
420:
418:
417:
416:
387:
386:
385:
384:
374:
372:
364:
363:
359:
352:
348:
340:
336:
335:
331:
321:
319:
311:
310:
306:
301:
293:
280:
264:
259:
243:
194:
183:
177:
174:
131:
129:
119:
107:
92:
81:
75:
72:
53:
41:
37:
28:
23:
22:
15:
12:
11:
5:
425:
415:
414:
409:
404:
399:
383:
382:
357:
346:
329:
303:
302:
300:
297:
292:
289:
279:
276:
263:
260:
258:
255:
242:
241:Administration
239:
201:Payroll Giving
196:
195:
110:
108:
101:
94:
93:
76:September 2017
64:external links
44:
42:
35:
26:
9:
6:
4:
3:
2:
424:
413:
410:
408:
405:
403:
400:
398:
395:
394:
392:
371:
367:
361:
355:
350:
339:
333:
318:
314:
308:
304:
296:
288:
285:
275:
271:
269:
254:
251:
247:
238:
236:
235:matching gift
231:
229:
228:tax deduction
225:
220:
218:
214:
210:
206:
202:
192:
189:
181:
170:
167:
163:
160:
156:
153:
149:
146:
142:
139: –
138:
134:
133:Find sources:
127:
123:
117:
116:
111:This article
109:
105:
100:
99:
90:
87:
79:
69:
65:
61:
57:
51:
50:
45:This article
43:
34:
33:
30:
19:
373:. Retrieved
369:
360:
349:
332:
320:. Retrieved
316:
307:
294:
291:On charities
281:
278:On employers
272:
265:
252:
248:
244:
232:
221:
212:
208:
204:
200:
199:
184:
175:
165:
158:
151:
144:
132:
120:Please help
115:verification
112:
82:
73:
58:by removing
54:Please help
46:
29:
391:Categories
299:References
226:, with no
148:newspapers
56:improve it
262:On donors
224:gross pay
402:Donation
268:Gift Aid
178:May 2024
407:Payroll
343:. 2022.
257:Effects
162:scholar
375:17 May
370:GOV.UK
322:17 May
317:GOV.UK
164:
157:
150:
143:
135:
341:(PDF)
169:JSTOR
155:books
377:2023
324:2023
213:GAYE
141:news
207:or
124:by
393::
368:.
315:.
219:.
203:,
379:.
326:.
211:(
191:)
185:(
180:)
176:(
166:·
159:·
152:·
145:·
118:.
89:)
83:(
78:)
74:(
70:.
52:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
