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单词 gift aid
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gift aid
gift aid n. (a) U.S. financial aid which is not required to be repaid; (b) British (with capital initials) a scheme enabling registered charities to reclaim the basic rate tax on a donation made by a U.K. taxpayer (with authorization from the donor), effectively increasing the amount of the donation.
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1933 Chicago Tribune 31 Mar. 2/2 (heading) Senate passes bill for gift aid for states.
1990 PR Newswire (Nexis) 20 Mar. New income tax relief for single donations by individuals equal to or more than the payroll giving limit of 600 pounds (Gift Aid).
1995 Which? Tax Saving Guide 65/4 If your husband or wife pays tax but you don't, it would be better if they made the family's charitable donations using covenants or Gift Aid.
2003 R. H. Miller & K. F. Koegler Business School Confidential vii. 84 Gift aid, such as grants or scholarships, is clearly the best type of financial aid to receive, for, as the name implies, it does not require you to pay it back.
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