Payroll Giving is a simple and tax efficient scheme that allows employees to donate money regularly to CHESS directly from their salary. Each payday, a specified donation is taken directly out of the participating employees’ gross salary – after National Insurance has been deducted but before tax. The end result is that it costs your employees up to 40 percent less to make their donations. For example, if your employee pledges £5, the actual cost to them will be £3 (based on a higher rate taxpayer). A Payroll Giving Agency will handle the transfer of all these donations for you and pay them directly to CHESS.
