Payroll Giving is a scheme that enables your employees to give to any UK charity straight from their gross salary (before tax deductions) and to receive immediate tax relief.

Payroll Giving is not just a way of helping charities; it has multiple benefits for your business too.

Payroll Giving is quick and easy to set up and administer at minimum cost to the company. It may require a small initial outlay of staff time in dealing with employees' mandates and making the appropriate deductions on your payroll system. However, any costs incurred in setting up and maintaining the scheme as well as any matched donations are deductible from your corporation tax liability, as you are administering a system that facilitates donations to charity. This means that the process will ultimately cost your business nothing!

Staff Retention:
Setting up a Payroll Giving scheme shows a company's commitment to charitable giving. Making it easier for its employees to donate can have positive effects in the workplace, by boosting employee morale and create a sense of team-building. Research also shows that working for a philanthropically minded organisation aids staff retention and happiness. As more and more employees are socially aware and view companies with active corporate social responsibility profile as desirable workplaces.

Corporate Social Responsibility:
Corporate Social Responsibility is becoming more prevalent in society and companies are expected to give back more than ever before; whether financially or through other resources available to them. By setting up a Payroll Giving Scheme, your company is improving its corporate social responsibility profile. This can also be used to positively advertise your organisation and show that it is a socially conscious employer, which may improve your business relations and can act as a selling point to potential clients.

A further benefit of the Payroll Giving scheme is that any company that signs up to the plan can receive a Payroll Giving Quality Mark Certificate, which recognises your business' contribution to society. The more employees that you get involved in the scheme, the higher your level of award. And this could also make your organisation eligible for an exclusive National Payroll Giving Excellence Award. For more information on the Quality Marks and the National Payroll Giving Excellence Award, please visit their page.

If your organisation is already registered with a Payroll Giving scheme, then see how to maximise the effectiveness of the plan. Or, if you would like to support Veterans for Wildlife through Payroll Giving, but are not registered with a Scheme, then please contact us.