How can you give…..donate to charity through Payroll Giving
(16 November 2017)
In the run up to #Giving Tuesday, an international day of doing good stuff for charity, we are running a series of articles promoting ways in which the University can support you in donating your time, skills or money to help causes close to your heart.
This week we are highlighting the opportunity to make donations to any charity, or charities, of your choice directly from your salary through our Payroll Giving scheme.
Payroll Giving enables you to donate to your favourite charity on a regular or one-off basis by automatic deductions from your monthly pay.
Giving this way automatically boosts the amount going to the charity as they receive both your donation and the amount you would normally pay in tax. This is at no more cost to you or them, and helps smaller charities in particular as many do not have the resource to claim back Gift Aid.
For example a monthly gift of £5 from your take-home pay to your chosen charity will be automatically boosted to £6.25 for a 20% rate tax payer and £8.33 for a 40% rate tax payer.
Even if you already make regular donations to charity, you can alter your subscription to go through Payroll Giving enabling them to receive the Gift Aid boost.
From 1 November 2016 to the end of October 2017, colleagues have donated a phenomenal £135,864.14 to charities via the Payroll Giving scheme, which will have made a real difference to the organisations receiving the funds.
For more information about the Payroll Giving scheme and how you can give a donation if you wish, visit the Payroll Giving webpages on Staffnet.
- #GivingTuesday takes place on 28 November 2017 and for further ideas on activities to get involved with, pop along to the main Making a Difference Fair in Renold Building, or the fringe event in Stopford Building between 12pm and 2pm on this day.