Payroll giving is a low-cost scheme with minimal administrative requirements. It’s an ideal way for organisations with smaller budgets to provide vital support for charities such as Rainbows Hospice for Children and Young People.
Research shows that payroll giving offers real business benefits including:
Regular payroll giving allows us to plan for the future. It enables us to work on long-term projects without the worry associated with many other less reliable sources of income.
To set up a payroll giving scheme within your organisation, you must, by law, sign up with a Payroll Giving Agency (PGA) which will process your employees’ donations and distribute the money to their chosen charities.
A list of government approved agencies can be found on HM Revenue and Customs (HMRC) website: www.hmrc.gov.uk
Professional Fundraising Organisations (PFOs) are available to help you promote the scheme to your employees. They will present a number of charities to your employees free of charge visit www.workplacegiving.co.uk/employers for more information.
For more information on payroll giving visit www.payrollgivingcentre.org.uk/