Payroll Giving is a flexible scheme which allows UK employees to give regularly and on a tax free basis to Ucare Foundation. Payroll Giving donations are deducted before tax so each £1.00 you give will only cost you 80p, and if you’re a higher rate tax payer it will only cost you 60p. Payroll Giving (workplace giving) is a valuable, long term source of revenue, providing regular income to help Ucare Foundation budget and plan ahead more effectively. It’s cheaper because it’s tax free – for example, a donation of £5 per month costs the basic rate tax payer £4.00 (the taxman pays the rest!)Higher rate taxpayers- the only way to pass on your 40% or 50% tax to Ucare Foundation. Only 28% can be recouped via other ways of giving. If your employer operates a payroll giving scheme, charity donations can be deducted from your gross salary before tax – so they cost you less and the taxman makes up the difference. To set up a regular gift contact your employer’s payroll department. If they do not have a suitable scheme in place they can set one up free of charge, simply by contacting an approved Payroll Giving Agency, like Charities Aid Foundation.
Donate today, to help save a life