ALL meanings of gift aid
gift aid
G g - noun gift aid a scheme that allows a charity to claim tax exemption on individual charitable donations 0
- noun gift aid (in Britain) a scheme which allows charities to reclaim the basic rate of tax on donations made by taxpayers, increasing the size of the donation. Higher rate taxpayers can also claim tax relief on their donations 0
- verb gift aid to increase the value of a charitable donation by using the Gift Aid scheme 0
- verb gift aid to make a donation under the Gift Aid scheme 0
- verb gift aid to donate goods under the Gift Aid scheme; the charity may then reclaim basic rate tax on the declared value of the donated goods 0