Give as you Earn (GAYE)
GAYE enables your employees to donate a small amount of money to Sobell House
Hospice Charity every month directly from their salary. Many people who donate
in this way say they don’t even miss the money and the added bonus is that
the Tax Man even contributes to their donation.
If your company salaries are paid under PAYE, your employees can donate via GAYE.
For every £1 donated, it will actually only cost the employee 78p as the
Tax Man throws in the extra 22p. So a monthly donation of £5 will actually
only cost £3.90 but the Charity will receive the full £5.
Once this
is set up the employee doesn’t have to do anything else, they can donate
as much or as little as they wish either every week, if they are paid weekly,
or every month if they are paid monthly.
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