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Jon H asked: I wish to make a gift to my parents who have an estate that would be liable for inheritance tax when they die, Is it possible to make the gift a loan and therefore the gift would not be part of the estate for inheritance tax purposes? I assume there is [...] The Shadow asked: This is UK taxation question. How much can a parent give as a gift to a child without the recipient having to pay tax? Angela R asked: I need to know how much money I can gift to my children so that they don;t pay tax after my death djcope11 asked: I recently received a gift from a friend in Thailand. I have just had a bill from UPS today for £35; £11 disbursment fee, £8.78 duty amount and £15.51 vat. The gift only cost the equivalent of £30. Is this correct ? I’ve received gifts from abroad before and never had to pay [...] |
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