Tag: Settlements legislation

  • What Counts as a Gift in the Eyes of HMRC?

    What Counts as a Gift in the Eyes of HMRC?

    Dora Ngoma

    –

    Many parents want to share property with children during their lifetime to avoid disputes later. But HMRC has strict rules on what counts as a gift. Learn how Capital Gains Tax, Inheritance Tax and the settlements rule apply, and avoid costly mistakes when gifting or transferring property.