An increasing number of employers offer payroll giving, enabling their staff to give to charity directly from their gross salary before deduction of tax. For employers, payroll giving is a convenient and easy-to-run contribution to employee relations and a demonstration of corporate social responsibility.
Donations are made out of income before Income Tax is taken off. This means that you are given tax relief immediately at their highest rate of tax. For example, a donation of £100 costs a basic rate taxpayer £80 and costs 40% or 50% higher rate taxpayers £60 or £50 respectively.
You can join the scheme by asking your employer’s payroll department for an application form. This should be filled in and given back to the employer.
Donating through this scheme gives you the convenience of regular giving plus the benefits of tax relief. If your employer offers payroll giving, and you decide to take part and donate to the University, please let us know so that we can thank you appropriately.
