Charity begins at work - Service Industries - Management Today

Charity begins at work - Service Industries - Management Today: "Helping employees donate to charity via your payroll costs nothing - and charities end up better off...

Here at MT we’re big fans of Workplace Giving, a Government scheme to get more people donating to charity via their employer. The benefits are obvious: if you make a charitable donation out of your net salary, you have to pay tax on it first. But if the donation comes straight off your gross salary, your chosen charity gets all the tax payable – without the Revenue taking its pound of flesh. So for a higher rate taxpayer, your £60 donation to Oxfam is magically transformed into £100, without you or your employer needing to spend an extra penny. Apparently if every donor did this, it would yield an extra £900m a year for charity (although presumably it would all come out of the Treasury’s coffers, which wouldn’t please the Prime Minister at the moment)."