Tyve is a payroll giving tool that makes it simple for you to support causes you believe in.You can donate to charities from your pre-tax earnings, so the tax benefits of the donation are captured immediately.
Once your company has signed up for Tyve, you can get set up in minutes.
That’s it!And, of course, if you want to make changes, you can update your donation amount or selected charities whenever you like.
Tax savings will depend on your individual circumstances, primarily the marginal tax rate that you pay on your income.
Employees can give to any UK registered charity. Employees can search the Charities Commission database from within their Tyve account and can find anything from big global charities to smaller local charities.For employees who are looking for help finding effective charities, Tyve recommends 6 charities across causes like “Saving lives” and “Tackling Climate Change”.
Yes, you can make changes at any time in your individual giving account.Your choices will take effect the next time your company runs payroll.If you’d like to stop giving through Tyve, temporarily or permanently, you can set you giving amount to either £0/month or 0% of earnings.
We send you an email every month at payroll time showing how much you donated and which charities you donated to. So you have ongoing transparency on the donations you’re making.
You can see the impact of your donations to any of Tyve's recommended charities, for which we are able to confidently quantify impact, in your individual giving account. You can see the impact of each monthly donation as well as your all time impact through Tyve.Your company will receive reports showing the real world impact that your team’s donations are having.
Short answer … maybe.Longer answer … every month your company transfers the total amount of all donations from you and your colleagues to the Charities Trust, an HMRC approved payroll giving agency that handles the processing of donations for Tyve. The Charities Trust then sends the funds to your chosen charity, along with other donations to that charity (aggregated across employees and companies).Some charities will just see this incoming transfer from the Charities Trust without knowing who their donors are. Other charities, who subscribe to the Charities Trust’s portal, would be able to access more information breaking down their individual donors.
Yes. You can keep your account and giving history for as long as you like. You can even port the account across to your new company if they also use Tyve (and if they don’t you can always introduce them to us 😄).
No. There are no fees on your donation. 100% of the donation will go to charity.
Send us a email on info@tyve.org. We’d be delighted to hear from you!
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