Meaning Of The Word Gift aid

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What's the definition of Gift aid? Find Gift aid meanings, definitions and more at the Real Dictionary online.

Gift aid Meaning

Gift aid Definition
Gift aid Definition

What's The Definition Of Gift aid?

gift aid in British English
noun: (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
noun: a scheme that allows a charity to claim tax exemption on individual charitable donations

gift-aid in British English
verb: to increase the value of a charitable donation by using the Gift Aid scheme

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