Payroll Giving is an easy, tax-effective way to give, so it costs you less to give more. Payroll donations are great for the good causes you care about, providing charities with a regular, reliable income stream that enables them to plan and budget for the future.
It is very easy for companies to implement, only involving a few minutes of work each month with regular donations allowing Momentum to budget for the future. Here are some facts about payroll giving:
Payroll Giving is a scheme that enables employees to give to any UK charity straight from their gross salary (before tax is deducted), and to receive immediate tax relief of up to £4 for every £10 donated, e.g. a £10 monthly donation only costs you £8 at 20% income tax or just £6 at the higher rate.
Quick and easy to set-up and administer, Payroll Giving is a great way for you to demonstrate commitment to the causes you care about. It also generates a sustainable income stream for Momentum.
As part of Big Hearted Scotland, Momentum recieves payroll giving through donations made to Big Hearted Scotland.
For more information call 01368 840627 or email us.
You can also visit here for more details.