Give As You Earn is the UK’s number one payroll giving scheme. It’s one of the easiest ways for employees and pensioners who are paid through PAYE to give regularly to charity – plus it’s both flexible and tax efficient. Because your donation is taken from your salary before tax is deducted, it costs you less and the Inland Revenue gives us the tax it would otherwise have kept. The examples below illustrate the advantage to individuals of giving to charity via Payroll Giving.
£5.00 (£3.90) £10.00 (£7.80) £20.00 (£15.60)
The figures in brackets show the actual cost to you assuming you pay tax at 22 per cent. This is because the tax you would normally pay is donated to the BKPA.
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