Daily Star

Brits issued HMRC warning over gifting money to children as budget could land them with huge bill

The chancellor is considering extending the current « seven-year » rule under which gifts can be passed on free of inheritance tax, to 10 years, but what does this mean for you



Source link : https://www.dailystar.co.uk/news/latest-news/brits-issued-hmrc-warning-over-33989820

Author : [email protected] (James Rodger, Adam Cailler)

Publish date : 2024-10-29 07:19:36

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