'Every Penny Helps'

‘Every Penny Helps’ allows you to donate the pennies from your pay to charity. In other words, to round down your net salary to the nearest whole pound. It will never cost you more than 99 pence per month.

As the pennies are removed from your post-tax pay, they may also be eligible for a Gift Aid enhancement.

Participating employees will have the pence deducted from their net pay by their payroll department on payday.

For example, if your net pay was £978.60, you would retain £978.00, and the 60p would be deducted.

Your deductions will be collected along with those of your colleagues also participating in the scheme, and stored in a Charitable Giving Corporate Options Account managed by your employer.

Charitable Giving will claim the 25% Gift Aid on the deposited funds, which is then credited to the account. With the Gift Aid enhancement, your 60p donation could increase to 75p, provided you have completed a Gift Aid Declaration and paid sufficient Income Tax and/or Capital Gains Tax.

Your employer chooses when to donate the funds and to which charity or charities.

Donations are subject to an administration charge of 4%. This may be covered by the employer or deducted from the donations.

To be eligible for Every Penny Helps, your employer needs to have an existing Payroll Giving scheme with us. Contact your payroll department to find out.

If they do, you can sign-up by completing an 'Every Penny Helps Employee Sign-up Form' by clicking here.

Completed forms should be sent to your payroll department to enable the deductions to begin.