Five of Hearts Consortium

The Five of Hearts is a partnership between five leading Birmingham charities (Acorns Children's Hospice; Birmingham Focus on Blindness; Birmingham Children's Hospital, Birmingham Foundation and St Basil's) to help more Birmingham people through promoting payroll giving to Birmingham employers and employees.

To find out more about how easy it is to set up a scheme and how payroll giving can benefit your company please visit: www.payrollgivinggrants.org.uk

For further details or to get involved with the Five of Hearts, please download the Five of Hearts Brochure or visit: www.fiveofhearts.org.uk

Further Information on Give As You Earn / Payroll Giving:

"Tax incentives can play a role in supporting and encouraging businesses, and their employees, to become involved in their local communities..." say the Home Office/HM Treasury, "
...In the USA, 35% of employees give to charity through their payroll, compared to just 2% in the UK!" - for further information please download A Guide to Tax Incentives for Corporate Giving (Home Office/HM Treasury)

If your employer runs a Payroll Giving Scheme, sometimes known as Give As You Earn (GAYE) you can donate to your chosen charities from your salary before tax is deducted, so you get tax relief straight away. For example, if you are a higher rate taxpayer and you give £100 per month it only costs you £60.

Why not find out from your payroll department if your employer is one of the many offering a Payroll Giving Scheme. If they don't, why not suggest that they set one up?

Give As You Earn (GAYE), is a simple, efficient and easy way to give to the charity of your choice directly from your weekly or monthly pay packet. See the example below:

Individual’s pledge to charity (gross)	Cost to individual @ 22% tax (net)	Cost to individual @40% tax (net)
£5.00	£3.90	£3.00
£10.00	£7.80	£6.00
£50.00	£39.00	£30.00

As an employer, you can offer employees the opportunity to make their charitable donations through the company's payroll without creating an administrative nightmare. And by selecting the Birmingham Foundation as your chosen charity you will be able to standardise the paperwork whilst allowing staff the flexibility to choose which organisation they wish to support.

If staff would like to change the organisation benefiting from their donation this can be achieved by simply informing the Foundation of the new beneficiary and the date of the change.

As an individual, simply decide how much you would like to give to 'your charity of choice', this amount will be deducted from your gross pay i.e. before tax is calculated under PAYE.

Your chosen charity will receive the full value of your donation

To discuss your individual / company requirements please email: team@bhamfoundation.co.uk to arrange an appointment or to request additional information