Inheritance tax hits even more families

Howard Lake | 28 October 2005 | News

HM Revenue and Customs reports that Inheritance Tax revenues rose from £2.5 billion to £2.9 billion in the past tax year, not least because of the rise in value of property. This offers a timely opportunity to remind charity supporters of the importance of drawing up a will and leaving a legacy to charity to reduce the amount of IHT their estate might have to pay.

More than one third of Britons are dying without having made a will, according to the Law Society, so there is still a large audience for charities’ message about the importance of making a will and leaving a charitable legacy.

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.