For donors who pay 40% or more tax

If you pay above the basic rate (40% or more), you can claim the difference between the rate you pay and basic rate on your donation.

For example, if you donate £100 to the University, the University will claim the Gift Aid to make your donation worth £125. Then as a higher rate tax payer, you can then claim back £25 (£125 x 20%).

For more information on how this works, please see the HMRC website.