The Government has launched a scheme called “Legacy 10” aimed at encouraging those who support charities in their lifetime to also do so in their wills.

How does it work? 

If you decide to leave 10% or more of your estate to charity, the  inheritance tax reduces from 40% to 36% (Note: Inheritance Tax is only applicable to estates exceeding £325,000).

More Information

Find out more about inheritance tax and charitable giving on the HMRC website

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