By remembering the Cancer Vaccine Institute (CVI) in your Will, you will be helping to transform the future of cancer treatment. We are so grateful to everyone who has chosen to support us in this way. As a small charity, gifts like this really do make a big difference. Each legacy, whether large or small, is priceless, as it allows us to plan for the future. For many of the bigger cancer charities these donations make up the bulk of their income, as a small and recently founded charity it will be hard for us to compete with this.
Leaving money to the CVI is easy to arrange. Of course you need to make sure that your family and loved ones' needs are met first. But did you know that that all legacies made to charities are free from Inheritance Tax and Capital Gains Tax? So a legacy to the CVI could actually help to reduce the tax burden on your estate.
Example
Mr Brown died in May 2003. He left £40,000 to his favourite charity and
the rest of his estate to his daughter.
| Total value of estate | £700,000 |
| Less | |
| bills and funeral expenses | £5,000 |
| legacy to charity | £40,000 |
| Net value of estate | £655,000 |
| Inheritance tax threshold | £255,000 |
| Balance of estate chargeable | £400,000 |
| Inheritance tax @ 40% | £160,000 |
Without the legacy to charity, further inheritance tax of £16,000 would be payable.
(Information is taken from “Make giving go further” by the Giving Campaign, pub. 2003).
If you'd like more information about including the CVI in your will please contact Emma Appleyard on 0845 602 0662 or info@cancervaccine.org.uk Alternatively download our Legacy Factsheet
Legacy Factsheet - Word document (146KB)
Legacy Factsheet - PDF version (99.3KB)
Thank you for helping to fight cancer with vaccines
