Payroll Giving

Payroll Giving FAQ

What is Payroll Giving?

Payroll Giving is one of the simplest ways for employees to donate to charity tax-effectively. Gifts are deducted straight from their gross salary, giving immediate tax-relief.

How does the tax relief work?

For an employee paying standard rate income tax at 22%, a £5 donation to Parkside Parity will only cost them £3.90. For a higher rate taxpayer, the same £5 donation will only cost them £3.00.

What are the benefits for employers?

Payroll Giving is a great way for businesses to illustrate commitment to the causes that are close to the heart of their employees. Support for Parkside Parity will improve the organisation’s public image, enhance community involvement programmes, support employee volunteering, boost staff morale and aid in the retention and recruitment of employees.

What are the benefits for Parkside Parity?

Even small donations, when given regularly, can add up to provide a valuable income stream for both charities. This enables us to budget for the future.

Why should you offer this opportunity to Parkside Parity?

You will be able to see exactly where your money is going. We are local charities working with local people. In addition, ALL of the funds raised from Payroll Giving go straight to the charities, without a middleman being paid.

How does the employer set it up?

All the employer has to do is establish a contract with a Payroll Giving Agency. We recommend South West Charitable Giving who offer one of the lowest commission charges. Their phone number is 01822 810094. In most cases, it involves a simple BACS transfer when your Payroll Department completes their monthly PAYE information. It costs you nothing.

If you wish, we can help you set your Payroll Giving Scheme up. Please phone Parity on 01252 375581 to arrange an appointment with Helene and Carol.