Payroll Giving
Payroll Giving enables employees to make tax-free donations directly from their salary.
What is Payroll Giving and how does it work?
This method of giving is highly tax-efficient, as donations are deducted after National Insurance but before tax, making it one of the most effective ways to support charities like Yorkshire Air Ambulance (YAA).
YAA offers two Payroll Giving options:
Give All: Allows employees to specify a monthly donation amount.
Pennies from Heaven: Rounds down the employee’s salary to the nearest pound, with the leftover pennies donated to YAA.
What Are the Benefits for Employers?
- Demonstrates CSR commitments to employees
- Enhances staff morale and motivation
- Free to set up and simple to administer
- No fees involved
- Boosts Corporate Social Responsibility (CSR) profile and public image
What Are The Benefits for Employees?
- Convenient and straightforward, directly from their pay
- Tax-effective, allowing employees to give more at less cost
- Opportunity to support a charity they believe in
- Flexibility in donation amount
To discuss implementing Payroll Giving in your business, please contact Katie Collinson at k.collinson@yaa.org.uk
