Payroll Giving is an easy‚ tax effective way to make a regular donation to support Blond McIndoe and help transform lives through our research.
It enables you to give to Blond McIndoe straight from your gross salary (before tax is deducted) giving immediate tax relief on those donations. It is also possible to donate in this way through a pension.
Basic rate tax payers
If you pay tax at the basic tax rate, for every £1 that you earn 20p is paid in tax. If you pledge £10 a month‚ we receive the full amount but only £8 will be deducted from your net pay
Higher rate tax payers
If you pay income tax at the higher rate of 40% only £6.00 would be deducted from your net pay, and at the super rate of 50% only £5.00 would be deducted for every £10 pledged.
It is more efficient for higher rate taxpayers to donate through Payroll Giving than Gift Aid as charities are unable to claim back tax above the basic rate through the Gift Aid scheme.
How to sign up for Payroll Giving
If your company is not registered for the scheme they can sign up with a payroll giving agency who can process employee donations. There are a number of agencies such as Charitable Giving who can undertake this.
There is no long-term commitment. If your circumstances change and you no longer wish to donate to us‚ simply tell your employer. Also‚ if you change your job‚ your donations will not be able to be transferred to your new employer - you will need to start a new payroll giving scheme.
Whether you are thinking about donating in this way or you are an employer wanting more information, visit the Payroll Giving Centre website for details about the scheme.