High Earners set to become even more valuable through Payroll Giving, as 50% Tax bracket is ready to kick in!
Charitable donations made by those earning more than £150,000 a year are set to become even more valuable, once the Government’s 50% tax rate comes into force this April
If you are a UK tax payer and in line to hit the 50% Tax Bracket, make your donation really count with the most tax efficient method of giving.
By either providing a one off or monthly Payroll Giving donation with us, you can double your money to your charity at no extra cost to you.
For example:
A one off donation of £10,000 will cost you just £5,000.Or
A monthly donation of a £1,000 from your wages will cost you just £500.
Charities Trust is the most cost effective agency in the UK and charges just 25p per month to administer these tax effective donations.
We encourage employers to either match your monthly donations or cover the 25p admin cost on your behalf, which in turn will support your chosen charity. For more information please visit: Match Funding and Administration.
How can I take part? 
· You simply need to fill in an Employee Payroll Giving Authorisation Form, nominating the charities you wish to give to and whether it shall be a one off donation or monthly account.
· You can vary your choice of charity, add or delete charities at any time by simply informing Charities Trust by email.
· You can increase or decrease your donations or stop at any time by informing Charities Trust by email and informing your payroll department.· If you donate to more than one charity only 25p is deducted and this is split between the charities
So make the most of your 50% bracket and get ready to double your money for April!