Taylor Wessing wins award for Workplace Giving scheme

13-May-2010


Taylor Wessing, the international law firm, has, for the third year running, won the Gold Government Quality Mark for its Workplace Giving scheme. Nearly a quarter of staff across the firm participate in the scheme, raising over £30 000 a year for good causes. 

Chief Operating Officer Jonathan Croucher, who chairs the Firm's Community Initiative Committee, commented;

“We are very proud to have again been recognised for the huge support our staff have shown to Workplace Giving.  It’s a real tribute to the generosity of our staff that giving to charity has remained constant during this difficult economic period."

Workplace 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.  A £10 donation through the scheme, would cost a standard rate tax payer £8, a 40% tax payer £6 or a 50% tax payer £5 due to the tax effectiveness of the scheme.

Workplace Giving is the only way for a higher rate tax payer to pass their 40% or 50% tax straight to their chosen cause as only standard rate tax can be claimed back by charities under the Gift Aid scheme. 

Peter O’Hara of Workplace Giving UK said;

“Well done to the employees at Taylor Wessing. During these tough times it is really important to ensure that it is made easy for employees to give to the charities they care about tax efficiently. Taylor Wessing and their employees should be congratulated”

For details about introducing Workplace Giving to your business please go to workplacegiving

 

Notes to editors

For more information please contact Helen Needham at Taylor Wessing:

DDL + 44 (0) 20 7300 4156