What is payroll giving?
Payroll Giving is a tax effective way for you the employee to give a regular or one-off amount direct from your weekly wage or monthly salary to openingdoors. You can support one or more charities and can give as much as you wish. Payroll Giving has become increasingly popular over the years, whilst the scheme is voluntary and depends on an employer to offer it, most employers do so.
What are the benefits?
Payroll Giving encourages regular giving to openingdoors or other charities and is extremely tax effective. Once it is set up, donations will be deducted from your pay automatically via your payroll department without any effort on your part. As a result the average giving lifetime of a payroll Giving donor is three years, giving openingdoors or other charities a regular long-term income we all require.
How the tax relief works:
Tax relief is given to you the donor. The authorised donation is simply deducted from your pay before income tax is calculated under PAYE (pay as you earn) so less tax is taken from pay. In this way, you the donor receives tax relief for the donation straight-away at your highest rate of tax. For example a £10.00 donation would generate PAYE tax relief of £2.20 for the standard rate tax payer and £4.00 for the higher tax payer..
Examples
Donation 
Cost to donor (22% tax) Cost to donor (40% tax)
£5.00£3.90£3.00
£10.00 £7.80 £6.00
£20.00 £15.60 £12.00
The process step by step:
Not all employers get involved with administering employee donations. openingdoors will arrange for an employer to sign up with an approved Payroll Giving Agency who will then administer the scheme on your behalf. Employers will then send the deductions in one sum each month to the Payroll Giving Agency, usually at the same time as they send the PAYE tax to the Inland Revenue and the agency will do the rest.
Please telephone us with your employers details on 01925 246936 or email us on info@openingdoorsnorthwest.co.uk