Payroll giving is a scheme available through your UK employer, which enables you to make a charitable donation straight from your gross salary. It is the most tax-efficient method of making charitable donations.
You get immediate tax relief on the value of your donation, so that a monthly gift of £20 will cost a basic rate taxpayer just £15.60 from their net pay.
Anyone paid through Pay As You Earn can use payroll giving to donate to UCL. However, your employer must have a payroll giving scheme in place in order for you to make a donation in this way (they may refer to the scheme using a specific payroll agency brand name, such as ‘Give As You Earn’).
Example: Payroll gift of £20 per month
- Donor’s monthly pledge: £20
- Cost to basic rate taxpayer (20%): £16
- Cost to higher rate taxpayer (40%): £12
To make a payroll gift, ask your employer whether your organisation offers a payroll giving scheme. If it does, your employer will arrange for your payroll administrator to transfer the gift to UCL from your gross pay. For further information on setting up a payroll giving scheme in your company please visit the Give as you Earn website.
If you are a UCL member of staff, you can use UCL’s payroll giving scheme to donate to UCL.
For UCL members of staff, simply contact the Payroll & Pension Services Office in UCL Human Resources or download the Give as you Earn instruction form.
Please contact +44 (0)20 3108 9167 or firstname.lastname@example.org for further advice.