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Charitable Bequests Plummet, Threatening £1.5 Billion Loss for UK Charities

Fewer people are including charitable gifts in their wills, a trend that could cost UK charities up to £1.5 billion, according to new research. A survey by wealth manager Rathbones found that just 31 per cent of those who wrote wills this year intend to leave money to charity, down from 46 per cent in […]

Families Face Millions in Charges as Gifts Fail Inheritance Tax Test

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More than 14,000 families were hit with unexpected inheritance tax bills last year after falling foul of the seven year gifting rule, newly released figures reveal. Data obtained through a freedom of information request shows that 14,030 gifts became liable for inheritance tax in 2022 to 2023 because the person who made the gift died

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