Sir Oswald Stoll Foundation
446 Fulham Road
London
SW6 1DT
Tel: 020 7385 2110
Fax: 020 7381 7484
E-mail: info@oswaldstoll.org.uk
Payroll giving
Payroll Giving is a simple, tax effective way to give to the Sir Oswald Stoll Foundation
from your pay. Giving regularly is
an excellent way to help the vulnerable and disabled ex-Servicemen and women who benefit from the housing and support provided by the Foundation. Providing that your pay or pension is
taxed through Pay As You Earn (PAYE) and your employer is registered
with the scheme it could not be simpler. You authorise your
employer/pension office to deduct regular charitable donations from
your pay. Your employer then pays these donations to a Payroll Giving
agency approved by the Inland Revenue. The agency then distributes the
money to the Sir Oswald Stoll Foundation.
This means if you pledge £10 from your gross pay, the cost to you is only £7.80 but we will receive £11.
The agreed deductions your employer makes from your pay are done
before you pay tax, which means that you get tax relief included in
your donation at your top rate of tax. Look at the table below and see
how simple it is!
| Your pledge (gross) | Value with government's extra 10% | Cost to you at 22% tax | Cost to you at 40% tax |
|---|
| £.500 | £5.50 | £3.90 | £3.00 |
| £10.00 | £11.00 | £7.80 | £6.00 |
| £12.82 | £14.10 | £10.00 | £7.69 |
| £20.00 | £22.00 | £15.60 | £12.00
|
For further information on Payroll giving to the Foundation please call Katie Truss on 020 7381 7488.