We are honoured to once again have been awarded the Gold Quality Mark by Payroll Giving.
We would like to say a huge thank you to the supportive and compassionate staff at CFH who contribute to these charities and subsequently have earned us this award. Over the years, our remarkable team have generously contributed to a diverse array of charities, showcasing their exceptional commitment to making a positive impact in the world.
WHAT IS PAYROLL GIVING?
Payroll Giving is a simple, tax-efficient way for a company’s employees to make monthly donations to any national or local charity or registered good cause directly from their gross pay. It is a great way to make a difference to communities that need help.
Because the donation is taken from an employees’ pay before tax is deducted, donors receive tax relief on their donation immediately and at their highest rate of tax. By doing it this way, the government also contributes towards the charity of your choice. For example, for 20% tax payers it would only cost £8 to make a £10 donation. For 40% tax payers it would only cost £6 to make the same-sized donation.
The scheme therefore allows people to give regularly to charity in a cost-effective way. The employee’s chosen charity also benefits by receiving regular donations without the need to claim back the tax from HM Revenue & Customs.
The Gold Quality mark is awarded to companies where 10% or more of their employees are enrolled in the scheme.
Click to find out more about Payroll Giving.
