For the gift to qualify for Gift Aid, the following conditions must be met.
- The donation must be a payment of a sum of money.
- The donor must pay an amount of income tax and/or capital gains tax at least equal to the tax the University will reclaim on the donation in the tax year that the gift is received.
- A declaration must be made by the donor stating that the gifts should be treated as Gift Aid donations.
- The donor must not receive excessive benefit in return for the donation.
Further information on donor benefit rules can be obtained from HM Revenue & Customs website.