Taylor Wessing joins Workplace Giving UK’s campaign to increase awareness of Payroll Giving
Taylor Wessing, the leading European law firm, has answered Workplace Giving UK's call to "Celebrate 20 Years of Payroll Giving". The firm has written to 20 other law firms to encourage them to introduce the scheme if they do not already have it in place, or to effectively promote their existing scheme.
Payroll Giving is a simple, tax efficient, scheme which allows employees to give to any charity they choose by having a deduction taken straight from their gross pay, there is no tax for the charity to claim back as it is automatically deducted. Payroll Giving is also the only way for a higher rate tax payer to get their 40% tax straight to their chosen cause as higher rate tax cannot be claimed back by charities via the Gift Aid scheme.
British charities still lose a staggering £900m to the taxman every year – giving through Payroll Giving could substantially reduce this loss.
Taylor Wessing currently has the most successful Payroll Giving scheme in the legal sector with an impressive 27% of employees taking part.
Director of Human Resources at Taylor Wessing, Jonathan Croucher said “The scheme is simple to operate, gives our employees the choice of who they wish to support and adds to our CSR initiatives within the business. We are delighted to join Workplace Giving UK’s campaign to encourage others to take part in the scheme”.
Workplace Giving UK is the country’s largest Payroll Giving fundraising organisation. They promote and raise awareness of Payroll Giving in the workplace. This year, to celebrate the 20th anniversary of Payroll Giving, they are running a special campaign to increase awareness and participation. Please find out more at www.workplacegiving-uk.com or call 0208 731 5125.
ENDS
For more details contact:
For more information please contact Claire Treacy at Taylor Wessing:
Tel: +44 (0)20 7300 4925
Email: c.treacy@taylorwessing.com
Or
Peter O’Hara or Elena Joseph 020 8731 5114 or email pohara@workplacegiving-uk.co.uk or ejoseph@workplacegiving-uk.co.uk
Notes to editors:
1. Workplace Giving UK is the UK’s leading Professional Fundraising Organisation promoting Payroll Giving in the workplace and recruited donors worth £1.3m to charity in 2006.
2. Payroll Giving was first launched on 5 April 1987. In its first full year, the scheme raised £1,034,695 for charities and in the tax year 2005/6 it raised £84,740,956. In 1987/8 the number of employees donating through Payroll Giving was 60,629; in 2005/6 more than 600,000 took part.
3. Taylor Wessing has a strong commitment to investing in the community supporting local charities, schools and hospitals through financial support, volunteering schemes and pro-bono legal advice clinics. Taylor Wessing is a powerful source of legal support for commercial organisations doing business in Europe. Based in the three largest economies in Europe, the firm provides the full range of legal services to major corporations and growing enterprises and boasts a strong reputation in the corporate, finance and real estate sectors alongside in-depth experience across the full range of legal services including intellectual property, tax, litigation and dispute resolution, employment and pensions and private client.
