Payroll Giving – Match Funding & Administration
Companies who operate a Payroll Giving scheme can support their employees by either matching donations or paying the Payroll Giving administration charge on their behalf - You don't have to break the bank to show you care.
If your company wishes to match employees’ donations this can be done in several ways:
First time donations
An employer can select a particular time frame in which all new donors will receive a match on their first Payroll Giving donation.
If the numbers signing up to Payroll Giving are unexpectedly high, the amount the first donation can be capped, for example, all new donors in the months of January to March will receive a match donation of up to £10 per person.
Ongoing donations
Some companies match their employees' donations on an ongoing basis; simply add your own funds to your employees' donations before you send the money to Charities Trust each month and we will do the rest.
Paying Administration charges on behalf of employees
Charities Trust administration charge is just 25p per donation per month, regardless as to how many UK charities or recognised good causes the employee selects.
If the company has 100 employees giving through Payroll Giving, the administration costs would only amount to £300 per annum.
Quality Mark
Paying the admin fee and/or matching donations is one of the criteria for being awarded a Gold Payroll Giving Quality Mark certificate.
Costs
As the most cost effective agency in the Payroll Giving sector, Charities Trust does not charge to set up or to administer these additional processes.
In addition, both matched donations and payment of admin fees can be offset against Corporation Tax via Company Gift Aid
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