Cameron, Clegg and Miliband pledge to leave 10 per cent of estates to charity

Leaders of three main parties give their backing to the Legacy10 campaign

David Cameron
David Cameron

The leaders of the three main political parties have backed a campaign that encourages people to leave at least 10 per cent of their wealth to charity in their wills.

David Cameron, Nick Clegg and Ed Miliband have pledged to leave at least 10 per cent of their estates to charity as part of the Legacy10 campaign, which was set up by Roland Rudd, chairman of the public relations firm RLM Finsbury.

The campaign was launched in November 2011, ahead of a new inheritance tax measure that will be introduced in April. The move will reduce the rate of inheritance tax from 40 to 36 per cent for anyone who leaves at least 10 per cent of their estate to charity.

Legacy10 is also backed by other well-known names, including the entrepreneur Sir Richard Branson, Martyn Lewis, chair of the National Council for Voluntary Organisations, and Charles Dunstone, co-founder of Carphone Warehouse.

Rudd said: "I am so pleased that all of our main political leaders have not only chosen to support Legacy10 but have also made a personal commitment to change their wills to make the pledge."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus