Payroll
Giving
Planned giving under the Government's
Payroll Giving scheme is a great help to the Cathedral as it
gives us a regular
income. It also helps you, because you get immediate tax relief
at your highest rate.
If you are a UK taxpayer, Payroll Giving offers
a simple way to increase the value of your gift to charity by allowing
you to authorise your employer to make the donation from your wages
before deducting any tax.
Payroll Giving donations are made
after deduction of National Insurance Contributions but before
deduction of tax. Because you give the money before your tax
is worked out, you only pay tax on what’s left. This means that
you get your tax relief immediately at your highest rate of tax.
You can use Payroll Giving provided both of
the following apply:
- You are an employee or pensioner and
your employer deducts tax from your pay or pension
- Your employer operates a Payroll Giving
scheme
If your employer does not operate
a scheme, you could ask if they would be willing to start one.
For
more information on Payroll Giving please contact
the Cathedral Office.
Click
here to read more about the Payroll Giving scheme on the Government
website.
Click
here for Information for Employers on the HM Revenue & Customs
website
NOTE: We are not responsible for the
content of external sites
