HMRC, Gift Aid, inheritance after intestacy...

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    HMRC, Gift Aid, inheritance after intestacy...

    My late brother died, intestate, no will (he’d cancelled all previous wills & was in process of thinking how he wanted new will): But we have copies of old wills and lists of charities he wished to donate to. I & my sister, joint executors and due to intestacy joint inheritors wish to reflect his wishes. The question is, after the inheritance comes down to me & my sister, knowing what we do of his previous wishes we plan to donate £10ks to various charities in his memory. We plan to do so in our names, me & my sister, substantial amounts.


    No IHT to pay due to usurious interest rates on his "Equity Release" dodgy mortgages ....

    For some years I've been declaring charity donations to HMRC in my annual self assessment, to reduce MY income tax bill.

    Q1 Is it/would it be legit to make donations, claim gift aid for these donations to charity in e.g. my name?? Clearly charity getting more seems worthwhile.

    Q2 .. and then for me to claim more than usual income tax relief later on self assessment, please? Don’t wish break HMRC rules on this.




    Regards & thanks in advance.
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

    #2
    It will be your own money you're donating so I don't see why there should be a problem.

    Comment


      #3
      If the money is donated directly by the estate, that wouldn't be appropriate.
      But if the money is passing to you and you are donating it, it's your gift, not the estates.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

      Comment


        #4
        The advice by gov.uk are given on this website:

        https://www.gov.uk/income-tax-relief...ons-tax-relief

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