I don't think it is fully separate as the inheritance tax due from gifts is first due from the gift receiver before it is due from the estate. So person to person gifts above the limit (from the… (View Post)

It didn't stop that Mandelson fellow from having a long career at the top of politics though...... (View Post)

In addition there are also gifts exempt from inheritance tax: £3k per year per donor £250 for as many people as you like Marriage gifts (£1k-£5k depending on relationship to couple) Regular gifts out… (View Post)

Not a limit per se, but inheritance tax comes into play above £x if the donor lives less than 7 years. Think the donor lives in Thailand and may be tax resident there so no idea if that would apply h… (View Post)

Wonder if we will get anything from him on Farage's £5m and income tax, considering he now says it is a reward for work done on Brexit. (View Post)