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.

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• Legacy code of practice to be revised (3 November 2005)
  

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.