单词 | gift aid |
释义 | Word Frequency gift aid(ɡɪft eɪd) noun British a scheme that allows a charity to claim tax exemption on individual charitable donations Word Frequency Gift Aid or not standard Gift-Aid noun ▶ USAGE The official name of the scheme is Gift Aid, though the forms Gift-Aid and even GiftAid are used informally(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 Word Frequency gift-aidverb a. to increase the value of a charitable donation by using the Gift Aid scheme Payments can be gift-aided if the donor is a standard-rate taxpayer b. (often foll by it) to make a donation under the Gift Aid scheme c. (transitive) to donate goods under the Gift Aid scheme; the charity may then reclaim basic rate tax on the declared value of the donated goods The equipment can be gift-aided and we can write off the costs |
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