Charities to Benefit from Payroll Giving Changes

Charities will be able to access Payroll Giving donations in half the time it currently takes, under government proposals aimed at encouraging greater use of the scheme.

The recommendations put forward by HMRC include cutting the time taken to process donations from 60 to 35 days and provision of a government-affiliated website where employees can check if their employer is signed up.

Cabinet Office minister, Nick Hurd, described the proposals as "useful steps" and part of a broader strategy to make it easier and more compelling to give.

The economic secretary to the Treasury, Sajid Javid, said: "Payroll Giving provides a unique way for employers to encourage and champion donations, and the government is committed to increasing the amounts raised through Payroll Giving."

The proposals came off the back of a consultation conducted by the Revenue earlier this year, which received 113 responses.

One of the respondents to the proposals was Payroll Giving in Action and director, Jeremy Colwill, said he "overall was delighted" with the government's recommendations.

"I love the fact that they're going to tell employers about Payroll Giving. The more people that know about it, the more people will give to charity.

"It is good that they're reducing the time taken to transfer money to the agencies and this could go further but it is a step in the right direction."

Posted by Gary Wilson Wednesday, September 18, 2013 1:08:00 PM Categories: Charities HMRC News

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