Payroll Giving

With payroll giving, your gift is taken from your salary before your employer deducts any tax. So a regular gift of £10 given through the payroll scheme will only cost you £7.80 from your take-home pay.

If you're a higher taxpayer, the sums are even better! If you pay 40 per cent tax, a regular donation of £20 will only cost you £12.

If you want to give to LEAT in this way, please ask your employer (try the Human Resources Department or whoever is responsible for personnel issues) if they have a payroll-giving scheme.

If they do, all you have to do is complete a simple form saying how much you want to give to LEAT from each pay packet.

If you prefer, please contact us and we will talk to your employer about the benefits of payroll giving and the grants available to them when they join the scheme.

Give Shares

Did you know that when you give LEAT stocks and shares you receive tax relief on the remainder of your income?

Since 6 April 2000, individuals and companies have been able to receive generous tax breaks by donating stocks and shares to a charity. This can create a much-needed income for us while at the same time reducing your tax bill. Remember, if you are a higher rate taxpayer this will be at the full 40 per cent relief rate.

For example, if as a higher rate taxpayer you gave shares with a market value of £10,000, you would receive £4,000 in tax relief. So your generous gift would have cost you £6,000.

Likewise, if you are a normal rate taxpayer and you donate shares with a market value of £500, you would be able to claim a tax relief of £110, so the donation would cost you £390.

Figures are taken from the website of the Inland Revenue.

Contact:

Paul Pope
Projects Manager
LEAT
8th Floor Hannibal House
Elephant and Castle
London
SE1 6TE

or email - paul@leat.org.uk