Payroll Giving is a fantastic opportunity for UK employees to give a regular or single gift direct from their salary (weekly or monthly) to the University, while also receiving immediate tax relief on their donation.
Donations made via the Payroll Giving Scheme are a pre-tax deduction, reducing the amount of Income Tax taken from an UK employee’s pay. This means that the employee gets immediate tax relief at their highest rate of tax of up to £4.50 for every £10 donated.
If you would like to support the University in this way you can elect to make contributions to the University by completing a Charity Nomination Form (which can be obtained from your employer’s payroll department) and returning it to your employer. Your employer will than arrange for the donation to come off your salary as pre-tax deduction and send the donation to the University.
As well as filling in the Charity Nomination Form provided by your employer, donors giving in this way are also requested to print off, complete and return a payroll-giving advice form and send it to the Office of Development & Alumni Relations. This is so that we can recognise your contributions, and ensure that your donation is used in accordance with your wishes.
The example below shows how Payroll Giving can be calculated each month. A larger version of this example can be found here.
For further information please contact the Office of Development & Alumni Relations or phone on +44 (0)23 8059 9079.
Giving through your salary is a great way to make a single or regular gift to the University.