Payroll Giving
Give tax efficiently to your favourite charities.
About two-thirds of the UK give to charitable good causes, but not many do this in a tax-efficient way through payroll giving. Payroll Giving also provides charities with a regular, reliable income and makes your money go further.
|
|
Roll over the charity logos to see some examples of what charities have to say about the benefits of Payroll Giving: |
At a glance
What is it?
A scheme that lets you donate money tax efficiently, direct from your pay to any registered charity or recognised good cause in the UK.
How it works
- A regular monthly donation is taken from your pay before tax.
- As the donation is taken before you’re taxed, a pledge to the charity of £5 a month will only cost you £4 a month (or £3 if you’re a higher rate tax payer) and the Government makes up the difference.
| You donate | It costs you (for basic rate tax payers) | It costs you (for higher rate tax payers) |
|---|---|---|
| £5 | £4 | £3 |
| £7.50 | £6 | £4.50 |
| £10 | £8 | £6 |
| £20 | £16 | £12 |
- You can give a regular amount each month to up to three different charities.
- If you want to support more charities, or if you want to be more flexible and give different amounts at different times you can open a Freedom Account. Your monthly donation goes into your very own charity account and you’ll get a charity cheque book. You give what you want, to a charity you want, when you want – you can manage this account online too.
- The minimum donation to a specific charity is £1 a month or £10 a month for a Freedom Account.
- If you have existing donations, they will be transferred to the my Aviva flex system
- You can select or change the amount of this benefit at any time
Saves on Tax?
|
Saves on NI?
|
Key points to consider
- Is payroll giving a better option than how you currently donate to charity?
- Do you want the flexibility of a Freedom Account?
What happens next
- If you opt for a Freedom Account, in the month after you select the benefit for the first time you’ll receive some further information through the post.