What is payroll giving?
Payroll giving is a tax effective way to donate to WaterAid. This means that donations are made straight from your salary, or occupational pension, before tax. The end result is that it costs you up to 40% less. For example, if you donate £15, the actual cost to you will be £9 (based on a higher rate tax payer).Why is it a good idea?
It is easy, effective and it costs you less! For a higher rate taxpayer, payroll giving is the ONLY way that a charity can automatically receive all your tax on your charitable donation.How can I sign up? (back to top)
Signing up could not be easier and can done in a number of ways:
You can sign up by visiting the WaterAid payroll giving webpage (www.wateraid.org/payroll) and either fill in the online form or download the paper form and return it to us by post. You can also sign up by approaching your employer directly. Your payroll department should have the form that you need to fill in. If not, please direct them to www.wateraid.org/payrollinstructions, where there are step by step instructions for companies to start up payroll giving.What does my employer need to do? (back to top)
Your employer needs to register with an HM Revenue & Customs approved Payroll Giving Agency and have the facility to make pre-tax deductions on your payroll system. If your employer is not signed up to a payroll giving agency, it is very easy for them to do so.The Payroll giving agencies would be able to talk your payroll team through the process and your employer can read more about payroll giving on the Inland Revenue website (opens in a new window). This includes tips, success stories and reasons for your employer to set up a payroll giving scheme.
Payroll giving agencies (please note all links open in a new window):
Charities Aid Foundation (CAF)
South West Charitable Giving (SWCG)
Charities Trust (CT)
How does it work? (back to top)
Once you are signed up your payroll department is informed and they set up a pre tax deduction from your salary. This deduction is sent to the agency your employer is registered with and they send the donations on to WaterAid. Donations have to go through this channel in order to be tax effective.What if I want to change my donation? (back to top)
Payroll Giving is a flexible scheme. Employees can change their donation amount, add new charities or cancel their donations when they wish.What are the benefits of donating via payroll giving? (back to top)
Payroll giving is easy, flexible and it costs you less. Payroll giving makes it easy to manage your donation - as the gift is deducted before tax, you never have to worry about paying it.Your payroll gift is also extremely valuable to WaterAid. Your regular support means that we can plan long term projects, reaching as many people as possible. As payroll giving costs you less, it also means that our supporters can afford to give WaterAid more, which makes a vital difference to the communities who benefit form WaterAid projects.
At WaterAid we believe that access to safe water and sanitation underpins health, education and livelihoods, and forms the first essential step in overcoming poverty. By supporting WaterAid through payroll giving, you can help make this a reality for some of the world's poorest people.
Why not ask your employer if they will match your gift? Many do, and this helps you to have your say about which charities your company supports.