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The Payroll Giving scheme is a simple, tax-effective way
to give direct to charity. Employee's donations are made pre-tax, so for
example a donation to Chernobyl Children's Lifeline (South Hams Link) of
£3.90 or £7.80 will mean that we actually receive £5 or
£10 after the tax man makes up the difference. What's more,
when a company registers for the Payroll Giving scheme the Government provides
a grant to help with setup costs - which you can either keep or donate in
whole or part back to CCLL - and offers to match donations of up to £10
a month for the first 6 months. With the grant starting at £300 (for
a company with 1-199 employees), this means that for a cost to one employee
of £7.80 a month for 6 months, CCLL would receive a whopping £420
- more than covering all the associated costs of bringing a child to the
UK for four weeks!
Sounds like it must
be a complicated commitment? Honestly, it isn't! All you have
to do is sign up with a Payroll Giving Agency (PGA) who will transmit the
donations on your behalf. Your chosen PGA will give you a short grant
application form to complete and your grant will be triggered once donations
start. There is a small fee payable to the PGA for administration costs
but this is negligible (for example about 25p a month if you are donating
£10), and it's important to note that the PGAs are also charities
set up with the purpose of administering the scheme.
To find out more,
have a look at the Payroll Giving Grants
website or get in touch
with one of us. If you do decide to sign up, please make sure that you specify Chernobyl
Children's Lifeline (South Hams Link) as your chosen charity. Thanks.
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