Payroll giving reforms unveiled

Hillier Hopkins LLP

Chartered Accountants & Tax Advisers

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Payroll giving allows UK taxpayers to make regular tax-free donations to good causes on a tax free basis through deductions from their gross pay. However, only around 2% of employers currently offer payroll giving schemes with just 3% of employees donating.

Payroll giving is an excellent way for employees to make tax free charitable donations directly from gross salary. However, the take-up among employers is still relatively small.

Any employers looking to introduce such a scheme to their business should seek advice from their accountant in order to find the best scheme for their requirements.

For more information please visit https://www.gov.uk/payroll-giving