Remember a Charity release response to Inheritance Tax Review
12 June 2018
The sector’s legacy consortium, Remember A Charity, submitted their response to the government's Inheritance Tax Review last Friday.
Led by Remember A Charity and supported by the Institute of Fundraising and the National Council for Voluntary Organisations, the response highlighted the importance of legacy income and inheritance tax (IHT) relief. The focus is ensure that charities are carefully considered within the debate, rather than whether IHT is the best tax model. They are also encouraging government to consider a proposal of introducing VAT exemption on will-writing costs for those that include charitable bequests.
Rob Cope, Director at Remember A Charity, explains why the charitable sector needs to be heard on tax reform. Read his article here.
For more information on the government's inheritance tax review, please see the government's website.
Remember A Charity was launched in 2002 as a consortium of charities working to encourage more people to leave a legacy donation in their Will. A representative voice for the sector with 200 charity members, the campaign works with Government, the legal profession and employers to help develop the most positive legacy environment. The campaign is the Institute of Fundraising’s long-term campaign to make gifts in Wills the social norm.
The Institute of Fundraising (IoF) is the professional membership body for UK fundraising. Our mission is to support fundraisers through leadership, representation and education, and we champion and promote fundraising as a career choice. We have over 575 Organisational members who bring in more than £9 billion in income, and over 6,000 Individual members.
Established in 1919, the National Council for Voluntary Organisations (NCVO) is the largest representative body for voluntary organisations in England, with over 13,000 members. NCVO champions voluntary action: our vision is a society where we can all make a difference to the causes that we believe in. A vibrant voluntary sector deserves a strong voice and the best support. NCVO works to provide that support and voice.