Tag: HMRC inheritance rules
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Gift With Reservation – Why Living in a Gifted Property Can Backfire
If you gift your home but continue living in it rent-free, HMRC may treat it as still yours. Learn how the Gift With Reservation rule works — and how to avoid losing Inheritance Tax relief.
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Inheritance Tax and the 7-Year Rule – What You Need to Know
The 7-year rule can remove gifts from your estate for Inheritance Tax, but only if you survive long enough — and don’t keep using the property. Learn how taper relief and HMRC’s “gift with reservation” rules apply.