Give As You Earn
GAYE is another scheme administered by the Charities Aid Foundation (CAF) with benefits to both the donor and the recipient charity and brings together charities, donors and employers with one common goal - to offer people a tax-free, simple way of giving to the charity or charities of their choice.
As an individual there are three ways by which you can give to your favourite charity through Give As You Earn:
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CAF 'cheques' - CharityCard Account
With a CAF CharityCard Account, the donor receives a 'charity chequebook' and CharityCard. By paying a minimum of £10 from your pay each month into your account, you can then decide which charities to donate to using your 'charity chequebook, CharityCard or by giving online or over the phone.
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Direct Donation
Choose the cause (s) you wish to support via monthly tax-free donations which are deducted from gross pay to the charity.
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Staff Charity Fund
This fund is for group giving and provides an excellent way to raise money that you and your colleagues care about. Donations are paid into an account held by Give As You Earn and you can choose together which cause (s) you would like to support, for example, your charity of the year. This way of giving does not usually incur an administration fess.
Registering as an employee costs nothing and GAYE is easy to administer for any payroll. The money comes straight from the employee's gross pay each month, and donations are disbursed monthly - straight into the charity's bank account.
The Government will add 10% to your donation to disburse straight to your chosen charity, CharityCard Account or Staff Charity Fund.
GAYE Give As you Earn form. generally makes a deduction of between 0 and 4% from your contribution to cover the cost of administration. Some employees cover this cost for their employees. Download and fill out the form to support DOKHC through GAYE Give As you Earn form.
