Quizzes & Puzzles0 min ago
Money as a gift to buy a car
1 Answers
My mum wants to give me some money to help me to buy a new car. Do I need to tell the tax office? Will it get taxed or is it classed as a gift? I have to self assess as I get some untaxed income each year from freelance work I do (not lots but enough to mean I have to declare it!).
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