If you are a UK taxpayer you can significantly increase the value of your gift at no extra cost. By signing a Gift Aid declaration, you enable the University to claim back the tax you have already paid on your gift. For every £1 donated, the University can claim 25 pence of tax at no additional cost to you; therefore a gift of £1000 is worth £1250 to Glasgow.
Higher rate tax payers benefit further. You can claim back the difference between basic rate and higher rate tax on your gift in your self-assessment tax return.
Use this calculator to find out how much your gift aid contribution is worth and how much you could reclaim if you are a higher rate taxpayer.
Please remember to let us know of any changes to your tax status, including changes to your name and address. You can contact the Development Office by emailing firstname.lastname@example.org or by calling +44(0)141 330 4951.