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Families save £1.28billion in Inheritance Tax by leaving gifts to charity

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Families save £1.28billion in Inheritance Tax by leaving gifts to charity
The Mirror
The Mirror1 hrs ago
Families save £1.28billion in Inheritance Tax by leaving gifts to charity
The amount of Inheritance Tax saved through charitable gifts is up 88% over the last five years, from £680million
This is Money
This is Money🏁 first to report4 hrs ago
Families saved £1.28bn in inheritance tax last year by leaving money to charity
Money left to charity is not liable for inheritance tax, and you can cut the overall rate from 40 per cent to 36 per cent if you give a big enough chunk of your estate to good causes.
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