Payroll Giving
What is Payroll Giving?
Payroll giving is a cost effective way for employees to give to a charity of their choice through PAYE at a rate affordable to them.
How easy is it to set up?
Modern payroll giving software allows for pre-tax deductions. Some inputting initially by your payroll department is required for each employee. The total amount, once deducted, comes to The Charity Service for onwards distribution.
Why do it?
Payroll giving benefits all employees who take part, by offering them a tax efficient way of supporting their chosen local good cause.
Company Impact
Through payroll giving you and your staff can make a real difference to good causes in Coventry which will help your business meet its CSR responsibilities.
What schemes are available?
- A regular monthly scheme based on pre-tax deductions
- A Small Change = BIG CHANGE scheme allowing employees to contribute the “posttax pence” from their pay each month
- A Happy Hour scheme where employees donate just one hour’s pay at any point during the year- this is a great way to give collectively as a staff group
To find out more, or to discuss setting up a payroll giving scheme, contact the team on Email: info@coventry4good.org or Tel: 024 7622 0381
