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Inheritance Tax

What is the Charity Exemption from Inheritance Tax?

Gifts to qualifying charities are exempt from Inheritance Tax, with no upper limit. This applies both to gifts made during the deceased’s lifetime and to assets left to charity in their Will.

How the exemption works

Where a qualifying charity receives assets from an estate, the value of those assets is deducted from the taxable estate. This reduces the net taxable figure and can reduce or eliminate the IHT liability.

The reduced rate for charitable estates

Where at least 10% of the “baseline amount” (the net estate after the nil rate band and other deductions) is left to qualifying charities, the IHT rate on the remainder reduces from 40% to 36%. The calculation to determine whether the 10% threshold has been reached is complex.

YouCanDoProbate does not currently support the reduced rate calculation. If a significant charitable legacy is included in the Will and you believe the 10% threshold may apply, contact our team before starting.

What qualifies as a charity?

Charities registered in England, Wales, Scotland, or Northern Ireland, certain other bodies including community amateur sports clubs, and organisations in EU or EEA countries and other specified jurisdictions, subject to conditions.

Charitable gifts made under the Will are captured in the platform walkthrough and the standard charity exemption is applied in the IHT400 automatically.

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Excellent service… many thanks to James he was very professional and extremely patient with me … this is a very difficult time and I really appreciate the help this service provided. James talked me through stage by stage and let me deal with it at my own pace I would recommend youcandoprobate to everyone .. worth every penny ..solicitors had quoted me £8000 that’s a real big jump in price and at such a vulnerable time .. I am now awaiting for the government to process many thanks James for all your help. Corinne Minords

Corinne Minords
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Straightforward and easy to use

Straightforward and easy to use, I’d recommend this to anyone. I’ve had to apply for probate on an estate with various investments, property and outstanding tax. I entered all information over a couple of days, prompted by they software. I think it would be hard to go wrong. I had questions answered very quickly either by phone or email. There was a slight glitch which resulted in incorrect tax form generation. I sent a query in on a service ticket and got a phone call over a weekend that resolved everything. My IHT400 and Probate were accepted and granted straight away. Providing you have all information about the estate to hand, this makes it very easy. Well worth the money. Thanks.

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Due to the present extenuating…

Due to the present extenuating circumstances i.e. Coronavirus Lockdown, I decided to do Probate on my own behalf. Having now completed the paper work. Sincerely I should like to thank the support team for their help and guidance.It was reassuring to know that there was always someone at the end of the phone to call upon if I was uncertain.

Ken Winter
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This is the answer to your probate woes

Having used a well known company previously to carry out a probate application and being very dissatisfied as it took 12 months (this was not a complex case) I was determined to apply myself this time around. However the government online system is not very user friendly and I found myself rethinking my approach. You can do probate were the perfect middle ground. The cost was considerably less and the availability of experts to consult with throughout the process was very reassuring. Before you go straight to a solicitor or an independent probate firm take a look at we can do probate. The biggest difference is that you are in control of the time frame . I will use them again if the event ever arises.

Customer colin
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Easy to use. Questions by email replied in the same day.

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Very Helpful Experience

At such a difficult and upsetting time, the process was straightforward and clear. The help and responses I received when I raised a couple of queries was excellent. Prompt, patient and supportive.

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So easy always called if you have a problem super helpful

michelle taylor
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Application for Probate online.

YCDP is excellent. As an 80 year old with very basic and fairly rubbish IT skills I was a bit apprehensive but found the process straight forward and easy to understand. It was very helpful to be given a list of the information I would need before starting. Having been quoted a price of over £1000 from a solicitor to complete the probate application the cost of using YouCanDoProbate was such a saving. I would recommend them to anyo

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Sue
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Excellent service received from You Can Do Probate. The staff were very helpful and friendly.

Lesley Sylvester
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I thoroughly recommend

YCDP really took the stress (as well as quite a lot of admin) out of the Probate application process. Very simple to follow, with clear instructions, and easy-to-follow User Guide. Thorough prompting ensures that you complete everything necessary at each stage before being allowed to print the final Probate application form. I only had to call for support once and my question was dealt with quickly and efficiently.

Chris Kuch
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Additional costs: The probate registry fee of £526 (for all estates over £5,000) and any additional official copies at £2 each. (Payable directly to HM Courts and Tribunals Service by cheque or postal order, enclosed with your application forms).
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© YouCanDoProbate • YouCanDoProbate is a trading name of Kabing Ltd.
YouCanDoProbate is an online platform providing legal forms and information. YouCanDoProbate is not a law firm and is not regulated by the Solicitors Regulation Authority (SRA). Our online probate and inheritance tax service is an online platform providing probate and inheritance tax forms and information to allow you to complete inheritance tax returns and apply for probate yourself. Our telephone, email and livechat support provides guidance only, we do not provide bespoke advice, including estate planning or tax advice and it is not a substitute for a lawyer’s advice about complex estate planning or tax issues.
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