Ask the Expert: Planning a legacy gift

Andrew Ogg, Finance Director at the Countryside Alliance, explores key aspects of legacy planning and charitable giving.

What are the tax advantages of leaving a gift to charity in your will?

A key benefit is inheritance tax relief. Any gift to a registered UK charity is completely free from inheritance tax, which is charged at 40% above the threshold. What’s more, if you leave 10% or more of your net estate to charity, the tax rate on the rest of your taxable estate may be reduced to 36%. That means more of your estate goes to causes and people you care about – not the tax man.

How does legacy giving fit into wider estate planning?

Estate planning is about making sure your assets go where you want them to go – efficiently, and with minimal stress for your family. A well-structured legacy gift can sit alongside other plans, whether you’re leaving property, savings or other assets. A solicitor and/or an accountant can help ensure things like trusts, asset transfers or shared ownerships are taken into account early on.

Is it better to give during your lifetime or leave something in your will?

That depends on your circumstances. Giving during your lifetime allows you to see the impact and may off er income tax advantages, especially through Gift Aid. On the other hand, leaving a gift in your will can be simpler and more tax-efficient overall, especially for larger gifts or where the rest of your estate needs to be protected.

Are there any common mistakes people make when it comes to legacy giving?

One of the most common is not reviewing your will after major life changes. Another is missing opportunities to reduce tax, either through lifetime giving or careful structuring of your estate. It is important to take early professional advice.

What would you say to someone who is unsure how much they can give?

Every legacy, however modest, can make a difference. Whether you’re giving 1% of your estate or a named gift, it’s a powerful way to support something you value deeply.

How can I start planning my legacy gift?

The first step is simply talking to an expert – whether that’s a solicitor for your will or an accountant to guide you on the financial side. Taking the time to plan early can ensure your legacy supports what matters most to you in the most tax-efficient way. Planning a legacy is a way of investing in the future by preserving the countryside and rural traditions that you care about while ensuring that your values continue to thrive for generations to come.

To find out more about how to leave a gift for The Countryside Alliance Foundation in your will, you can visit our dedicated legacies website page.