If your gifts exceed the gift exclusion limit, they aren’t subject to tax immediately and may never be taxed unless your ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Families are often able to build up a substantial net ...

A family has been ordered to pay £176,000 in inheritance tax by the court after wrongly interpreting gifting rules, which they thought would mean they avoided a bill after their father died. The ...

I will be inheriting a modest sum of money and want to gift some of it to my two married children. I also want to gift some money to my daughter’s two young children to be used for future educational ...

Inheritance tax is paid at a rate of 40pc on anything left in an estate more than a £325,000 nil-rate threshold. There are ...

Parents hoping to help their children onto the property ladder are being urged to understand a little-known inheritance tax ...

Tax receipts come because the assets were not fully given away, according to experts.

Incredibly, almost three-quarters of us don't realise that regular gifts made from spare income can fall immediately outside the inheritance tax net.

Turning to you, you cannot avoid capital gains tax (CGT) by gifting this rental apartment to your child. Only death cheats ...

Gifting cash may seem like a relatively simple act of generosity to family or friends. You must make sure, however, that ...