Gift Aid is a procedure where the University can reclaim from HM Revenue & Customs the basic rate of income tax on a donation given to the University by an individual. Currently the University is able to increase the value of the donation by 25%.
All Gift Aid reclaims for the University are made by The Development Office (CUDO).
For details on how Gift Aid works and the procedures to follow please refer to: Chapter 14, Financial Procedures Manual Accounting for Donations & Grant Income