Payroll Giving Calculator – How to Maximise Your Charitable Impact

This Payroll Giving calculator will help you see how much it will cost you to give to charity directly from your salary . Using this simple tool can show you the true cost of your donation after tax savings.

What Is a Payroll Giving Calculator?

A Payroll Giving calculator helps employees and employers understand how much a donation will actually cost after tax relief. Unlike direct donations, Payroll Giving allows you to give pre-tax, reducing your take-home pay by less than the donated amount.

How Payroll Giving Works

1. Donations are deducted before tax is applied to your salary.
2. The government provides tax relief, meaning your chosen charity gets more.
3. A £10 donation only costs a basic-rate taxpayer £8, a higher-rate taxpayer £6, and an additional-rate taxpayer just £5.50.

Using a Payroll Giving Calculator to Plan Donations

Most Payroll Giving platforms provide calculators, such as above, where you can input your donation amount and tax band to see the real cost to you. This helps plan contributions effectively and ensures your giving aligns with your budget.

Why Employers Should Promote Payroll Giving Calculators

Payroll Giving calculators can be a valuable tool in employee benefits programs, demonstrating the affordability of workplace giving and encouraging greater participation.

The Importance of Payroll Giving in the Workplace

Payroll Giving is a powerful way for companies to enhance their corporate social responsibility efforts. By promoting tax-efficient giving, businesses can build a workplace culture of generosity. Research shows that employees are more engaged when their employer supports charitable causes, making Payroll Giving a win-win for everyone.

If your employer offers Payroll Giving, use a calculator to see how tax-efficient donations can be. Not on a scheme? If you're an employee, head over here. If you're an employer, sign up or book a demo!