Becoming a payroll giver is an easy, tax-efficient and powerful way to help change the lives of children with a serious illness or disability.
How do I set up my Payroll Giving donation?
Speak to your employer and they’ll be able to help set this up for you. Once they have processed your Payroll Giving request, your gift will be made directly from your salary to Dreamflight each payday.
FAQ
What is Payroll Giving?
Payroll Giving, sometimes called Give As You Earn, allows you to donate straight from your salary before tax is deducted, meaning that you save money on your charitable gift. For example, if you choose to give £10 a month, only £8 will be deducted from your gross monthly salary and the remaining £2 will come from the Inland Revenue.
You can choose your Payroll Giving donation amount and change or cancel your gift to Dreamflight at any time, simply by informing your payroll department at work.
Why should I set up payroll giving?
- It’s tax-effective – donate straight from your salary, costing you less to give Dreamflight more.
- It’s flexible – enjoy the flexibility to change your mind, your heart, and your donation amount at any time.
- It can be matched by your employer – many employers match their employees’ payroll giving, doubling your donation to Dreamflight at no extra cost to you. Ask your employer if they offer match giving.
How is payroll giving different to gift aid?
When you make a direct donation to Dreamflight, you’re often given the option to tick a box that allows Dreamflight to apply for Gift Aid on your donation. This means that – if you’re are a UK taxpayer, Dreamflight can claim back 25% tax on your donation from the Government (regardless of the rate of tax you pay).
For example, if you’re a lower rate taxpayer and donate £20 directly to Dreamflight, it costs you £20 and the charity receives £25 – once we’ve claimed the Gift Aid back. While the amount going to Dreamflight is higher, Dreamflight carries the cost and hassle of claiming back the tax.
With payroll giving your donation not only costs you less, you receive a tax benefit and Dreamflight automatically receives the donation – avoiding the added administrative burden of collecting Gift Aid.
Where can I find more information on Payroll Giving?
If you would like more information on Payroll Giving, please take a look at these resources:
