Payroll Giving Week (8-14 Feb)
As a small charity, we are always looking at finding new ways of raising money so that we can provide hope for our impoverished mothers and their children and this week sees the launch across the Charity sector of the FIRST EVER Payroll Giving Week also known as Give As You Earn (GAYE)
What does Payroll Giving mean?
You donate straight from your pay before tax Donations are taken before tax, which means The Sreepur Village gets more of your donation and it costs you less. It also means that charities don’t have to claim Gift Aid, so there’s less admin for them – and they can get on with supporting their beneficiaries. You can give to any organisation recognised as charitable by HMRC.
How is Give as You Earn tax-effective? How Is It Calculated?
If you are a 20% taxpayer, 80% of your donation amount will be taken from your salary and 20% will be taken from the tax which would have gone to HMRC.
If you would like to find out more about Payroll Giving, then please click here.
We really do appreciate the many many ways in which our supporters help keep our mothers and children safe, out of poverty and empowered with the tools for a brighter future.
So thank you, it means the world to our families living in The Sreepur Village.
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