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Rule Change

HMRC Plans Major Rule Change For Families Gifting Money To Relatives
UK Schemes

HMRC Plans Major Rule Change For Families Gifting Money To Relatives

The UK government is reportedly reconsidering a rarely used HMRC exemption that allows households to gift unlimited amounts from surplus income to family members tax‑free, provided the donor maintains their usual standard of living. As concerns mount, experts urge careful documentation and strategic planning to navigate possible changes. What Is Read more

By Natalia, 2 weeks ago
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