Payroll Giving Month: It's a win-win in the workplace

February is the ideal month for businesses to harness the power of Payroll Giving.

From exploring new options to boosting existing schemes, Payroll Giving Month celebrates the many benefits that workplace generosity has for employees, businesses, and charities.

While donations do still roll in for Britain’s charities, the number of people making the most of the tax benefits of Payroll Giving has been declining.

If your business hasn’t signed up, here’s what you (and your staff) are missing…

WHAT IS PAYROLL GIVING?

It’s a tax-efficient way for employees to donate to their chosen charities directly from their gross salary.

Donations are made before Income Tax is deducted, giving donors immediate tax relief.

• A £10 donation only costs a basic rate taxpayer £8 (even less for higher-rate taxpayers).

Check our calculator here.

• Simple to set up, easy to operate – deductions happen automatically and can be changed easily.
• Donors can support any UK-registered, HMRC-recognised, charities.

BEYOND PROFIT

Companies are communities, and staff appreciate working for employers who show they care.

Payroll Giving is one of the easiest ways to boost a Corporate Social Responsibility profile. And the commitment to supporting charitable causes gets noticed – by customers, clients, and the community.

SOCIALLY SPIRITED = HAPPY STAFF

Payroll Giving is shown to improve employee engagement and retention. Staff feel more connected and valued when their employer supports their charitable efforts – and it leads to higher job satisfaction and increased loyalty. And top talent looks out for firms which share their values when seeking a new job.

PAYROLL GIVING WORKS

Since inception in 1987, Payroll Giving has raised over £2 billion for UK charities. Charitable Giving has been there since the start and now manages the schemes of some of the UK’s biggest employers as well as hundreds of SMEs and start-ups.

Toy store chain The Entertainer has been an award-winning and innovative trailblazer for Payroll Giving since 2011 – from offering £50 for each new sign-up, to giving leavers a certificate of their donations to encourage their new employer to take part.

BT has been offering Payroll Giving for over 20 years – with generous staff donating over £2.5 million a year to the causes they care about. Their platinum-award winning efforts helped by engaging a professional fundraising organisation – Hands On Payroll Giving - to handle the promotion and sign-ups at no cost to the company.

WHAT’S STOPPING YOU?

Our one-page sign-up form couldn’t be simpler. It’s free to set up and our administration costs are kept to a minimum – because we’re a charity,too.

Find out more about how we can help by clicking here.

BEYOND PAYROLL GIVING

Is your company already involved in charitable projects? We can help.

Our corporate services can take the admin hassle out of handling your funds destined for charity. Find out more here and get in touch to find out what we can do for you.