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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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