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Give as you Earn/Payroll Giving
This is a brilliant, simple and tax effective way for your employees to make a regular donation to CLAN, through their pay packet. All donations are tax free, so it actually costs them less to give, as the table below demonstrates. Donation to CLAN (gross) | Cost to employees in 20% tax bracket (net) | Cost to employees in 40% tax bracket (net) | £5.00 | £4.00 | £3.00 | £10.00 | £8.00 | £6.00 | £50.00 | £40.00 | £30.00 |
If your company is not already part of the GAYE scheme, you can find further information at the website http://www.cafonline.org. It is very easy to set up and costs nothing.
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