Did you know when you donate to St Mungo's through your payroll it costs you less to give more? Every £1 you give only costs you 80p, or 60p if you are a higher rate tax payer. This is because your donation is taken from your salary before any tax is deducted. For example, if you pledge £10 a month to St Mungo's, only £8 will come out of your salary. Or if you are a higher rate tax payer, you only pay £6 for a donation of £10 to St Mungo's. The tax man pays the rest!
|
Your pledge |
Cost to standard |
Cost to higher |
St Mungo's receives |
|
£5 a month |
£4 |
£3 |
£5 |
|
£10 a month |
£8 |
£6 |
£10 |
|
£15 a month |
£12 |
£9 |
£15 |
|
£20 a month |
£16 |
£12 |
£20 |