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Sep 10, 2025 · You may be able to give away money without paying tax, but it depends on whom it goes to and how much you give. Here is what you need to know about gifting money without paying tax. May 1, 2025 · The UK tax system includes specific rules on gifting, particularly with regards to Inheritance Tax (IHT) and exemptions. In this guide, we will outline HMRC’s rules on gifting, helping. Feb 16, 2026 · Gifting can cut the bill. If you're in the minority who are likely to see IHT charged on their estate, there are ways of legally reducing the bill. Specifically, this involves giving away money – or. When you gift money, it doesn’t attract immediate tax for you or the recipient. The primary concern is Inheritance Tax. HMRC views some gifts as a way of reducing the value of your estate before you. Discover UK inheritance tax gifting rules, allowances, exemptions, and advanced strategies to reduce liability. Learn how to protect family wealth today.
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