Payroll giving
Why not give up just an hour a month? Donating an hour’s salary of £5.20 can help us keep a VSO volunteer working for a day in some of the poorest communities in the most disadvantaged countries – a day when you can help them save and change lives. Payroll giving is a simple, effective and tax-efficient way to make regular donations to VSO – and it gives VSO more, at absolutely no extra cost to you.
How does it work?
Payroll giving is simple and easy for you and your employer as all the administration is done by Inland Revenue-appointed agencies. Agency charities charge between 0-4 per cent per donation to cover the cost of administration. Some employers pay this charge on behalf of their employees.
Donations made through the scheme are taken from your gross pay. This means that for every £1 you give, it will only cost you 78p (60p if you pay the higher tax rate). The taxman will pay the charity the difference! So your donation effectively costs you less and we receive more.
How much further can your gift go with payroll giving?
| Cost to you at 22% tax (net) | Cost to you at 40% tax (net) | Your gift (gross) | Value of your gift if your employers matches your contribution |
|---|---|---|---|
| £3.90 | £3.00 | £5.00 | £10.00 |
| £7.80 | £6.00 | £10.00 | £20.00 |
| £39.00 | £30.00 | £50.00 | £100.00 |
If you want to vary the amount of your donation, stop payments or change any aspect of you gift, simply inform your payroll department and they will amend your details and pass the information on to us.
To support VSO by giving through your payroll email michelle.youdeowei@vso.org.uk or call her on 020 8780 7409.
Alternatively you can print out our donor joining form today and post it to: Michelle Youdeowei, VSO Payroll Giving, 317 Putney Bridge Road, London SW15 2PN.
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