Payroll Giving sees a 3% increase
01 June 2016
The Association of Payroll Giving Organisations (APGO) has announced that the amount donated to charity via Payroll Giving schemes increased by £3.5m this year.
Figures provided by APGO members show that employees from companies around the UK gave £122.5m in the financial year 2015-16, compared to £119m in the year 2014-2015, a 3% increase.
More than 1 million people give directly to charity through their company’s Payroll Giving scheme.
Employers who generously match their employees’ donations have also given more, with their additional contributions totalling £7m, an increase of 6% on last year. It means that £130m in total went to good causes via Payroll Giving last year.
Panikos Efthimiou, Chair of the APGO, said;
“Our members are thrilled by this good news and we would like to thank the huge numbers of employees across the UK who are supporting a charity each and every payday.
Payroll Giving is a great way to support good causes which is tax-effective, hassle-free and provides a crucial regular source of income to thousands of charities.”
Further information about the APGO can be found on their website.