Payroll Giving
Payroll giving is the simplest and most tax effective way to give if you are employed or in a company pension scheme.
Payroll giving is tax effective. The amount you give is deducted from your pay before tax is calculated. This means that every £1 donation only costs you 78p. If you pay higher rate tax, the tax savings are even greater.
For example, if your monthly donation is £10, the cost to you if you pay 22% tax is only £7.80. If you pay 40% tax the tax savings are even greater, meaning you pay only £6.
Some employers actively encourage the scheme by matching their employees' donations.
If you would like more information regarding this type of giving please contact 0141 332 4632.
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