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Inheritance Tax Incentive for Charitable Legacies

Draft legislation was published on 6 December 2011 introducing a reduction to the rate of inheritance tax ('IHT') imposed on the estates of individuals who give at least 10% of their net estate to charity. Where this reduction applies the effective rate of tax on the chargeable estate falls from 40% to 36%.

Click here to read more on the Inheritance Tax Incentive.

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