Birkbeck, University of London The Finance Department

Give as you earn

Contact details: Payroll Section
Form required: Donor Instruction Form pdf format

The College has introduced a Give as You Earn Scheme for staff members to make charitable donations through the Charities Aid Foundation (CAF).

Give As You Earn is a tax-efficient way for individuals to give regularly to charity, and through the CAF you can either nominate your favourite charities or have your donations paid into a charity account.

Thousands of people in workplaces all over the country, are using 'Give as You Earn' to support their favourite charities or local causes.

Why?

Giving through your pay is:

Who can give?

Anyone can join Give As You Earn if their pay or pension is taxed through PAYE and their employer offers a scheme. You can make donations to any charitable or voluntary organisation in the UK. This can include places of worship, schools, scout groups and many other organisations.

What are my options?

You can choose one or more ways to give.

Individual's pledge to
charity (gross)

Cost to individual
@ 20% tax (net)

Cost to individual
@ 40% tax (net)

£5.00

£4.00

£3.00

£10.00

£8.00

£6.00

£50.00

£40.00

£30.00

If you pledge £10 from your gross salary each month, it will only cost you £8.00, and even less if you pay a higher rate of tax.

This will mean an increase in:

to your chosen charitable causes.

Give as You Earn makes a deduction of between 0% and 4% from your contribution to cover the cost of administration, depending on the method by which you choose to give.

If you are interested in starting regular donations directly from pay then please contact the Payroll section for more information and/or download and complete the Donor Instruction Form pdf format and send it to the Payroll Section.

For more information please visit www.cafonline.org


Printed from: http://www.bbk.ac.uk/fin/services/payroll/giveasyouearn
Date printed: 18/10/2017