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10% REDUCTION IN IHT RATE FOR LEAVING 10% OF AN ESTATE TO CHARITY

JULY 11TH 2011 | 04:52 TAGS: TAX

The Government announced in Budget 2011 that it wanted to support philanthropy, encourage charitable giving and reduce the administrative burden on charities. As part of that initiative a consultation is under way which concerns the decision to reduce the rate of Inheritance Tax (IHT) for those leaving 10% or more of their estate on death to charity – see http://bit.ly/kfjCV5

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