did you know – leaving a legacy to aberlour can help you
The current inheritance tax threshold is £325,000 and the rate of tax is a substantial 40%. So for every £1,000 over the threshold, inheritance tax of £400 is payable to the Government instead of benefiting your loved ones or the charitable causes close to your heart.
However, as legacies left to charities are exempt from this tax, leaving a gift to Aberlour in your will can help you minimise any inheritance tax liability.
Also, from 6 April 2012, if you leave 10% or more of your estate to a charity, you’ll be taxed at a lower rate (36% rather than 40%) on any part of your estate that qualifies for inheritance tax.