Have you heard about Give As You Earn (GAYE)? Did you know it is an easy and tax-free way to regularly donate to a charity (or charities) of your choice?
If you are an employee in the UK then your employer can arrange to automatically deduct from your salary any amount you specify and send it to your chosen charity. This donation is tax-free. This means for the charity to receive £10 it can cost you only £7.80 (or £6 depending on what rate you pay tax). So you can ask to give ‘more’ if you intended to donate £10 yourself!
Many people are generous towards charities. Without them charities could not continue their good work. Regular giving is an efficient way to donate, both for you and for your charity. You can cease donations whenever you choose.
Why not convert your good intention into a good deed? At the same time you will be denying the government tax on the donated amount. Now that can’t be bad!
If you are a UK tax payer, and work for an employer, please consider giving regularly by GAYE to Action for Sick Children. You can find out more about GAYE by typing the link below into your browser.
Thank you for your support.
GAYE http://www.allaboutgiving.org/giveasyouearn/uk/index.cfm
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