Charitable Giving
What is Payroll Giving?
A scheme that allows people to donate from their pay to any registered
charity or recognised good cause within the UK, and most importantly this
is done Tax Free. You can choose to donate to national and local
charities, places of worship, schools and guide/scout groups etc.
How does it work?
A regular
monthly donation is deducted from your pay before tax. Because the donation
is taken from your gross pay before you are taxed, a pledge of £10.00 per
month will only cost you £8.00 (£6.00 for higher tax payers). Our Payroll
Giving agency,
Charities Trust, charges a nominal 25p per donation,
and this is levied on transactions to cover administration costs.
Freedom Account
There is also the option to give via a Freedom Account, which is your very
own personal charity account. The Freedom Account allows you to donate to
charities of your choice and one off appeals. You have the freedom to split
your donation, meaning you can donate to charity while the remainder of
your donation can stay in your Freedom Account for use on other occasions.
A minimum donation of £10 per month is required to open the account.
Why take part?
About two-thirds of the UK give to charitable good causes, however a high
percentage do not do this tax effectively. Payroll Giving is a
simple, tax effective way to give to the causes you care about. The
charitable causes you support are entirely up to you. If you are
unsure who you would like to support, visit
Charities Trust, where there is a list of over 8000
charities to choose from. Payroll Giving is the easiest way to support
more than one charity.
|
Your Pledge |
Cost to you at basic tax (20%) |
Cost to you at higher tax (40%) |
Total value of your donation less Charities Trust 25p admin |
|
£5.00 |
£4.00 |
£3.00 |
£4.75 |
|
£10.00 |
£8.00 |
£6.00 |
£9.75 |
How to take part?
- Visit the
dedicated Northumbria University Charities
Trust webpage and complete the form.
- Choose between standard Payroll Giving or open a Freedom Account and
submit your details.
- Contact
Charities Trust to amend your choice of charity or
recognised good cause.
If at any time you wish to change or stop the donations, contact Payroll.
For further information, including a FAQ section which will help with most queries, visit Charities Trust. Alternatively if you need further assistance email info@charitiestrust.org or call the helpline.
Charities Trust
Suite 22, Century Building
Tower Street
Brunswick Business Park
Liverpool
L3 4BJ
Helpline: 0151 286 5129
Charity Registration No 327489 Company
Registration No 2142757
