Tax Free Monetary Gifts

Coppit | 13:33 Tue 30th Jul 2019 | Business & Finance

6 Answers

When was the limit raised from £50 to £250?

Transfer Money To Uk - Low Fees?

Old Money, 117/6D

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fiction-factory

I assume you are talking about possible future IHT . I thought there were so many ways round it that the change didn't really matter. I'll see if I can remember. PP is good at this

fiction-factory

It's certainly been £250 for the last 3 years

fiction-factory

Was £250 even in 2010. So maybe it's not an issue now as the seven yesr period is up

Coppit

Question Author

Thanks fiction-factory.

fiction-factory

I would have thought it fairly easy to get round all these and to even exceed the £3000 annual allowance.
IHT will be an issue for my estate but I don't lose any sleep over it