Institute searches for independent reviewer

The Institute of Fundraising has put out a tender to search for an independent individual or organisation to review the structure of Payroll Giving.

The Independent Payroll Giving Review will investigate the drivers of and barriers to Payroll Giving and identify areas for improvements. It will run between 1 September 2007 and 31 March 2008, and proposals must be submitted by 13 July.

A separate review into Payroll Giving SME Grants Programme will also be carried out. The scheme has been criticised by South West Charitable Giving as a system open to abuse by sole-traders, who can claim £300 in return for giving one pound for just one month and saw four million in grants returned to the Government.

The Institute said that 3,380 companies equating to 198,508 people have signed up to Payroll Giving as a result of the SME programme.

Payroll Giving generates approximately £86m for charities, yet is only used by up to 3 per cent of employees on PAYE. About 620,000 people use the Payroll Giving schemes, which are made available to between five and seven million people.

“The Institute of Fundraising believes that, in principle, Payroll Giving is a regular and reliable form of tax-effective giving,” said Lindsay Boswell, chief executive of the Institute of Fundraising. “The scheme enables employees to give to any UK charity straight from their salary, and to receive immediate tax relief.”



Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus