Inheritance Tax – tax-free gifts

By P&A Knowledge Team · 25 February 2021 · Posted in Inheritance Tax

We wanted to remind our readers of the Inheritance Tax (IHT) implications of making cash gifts during the current tax 2020-21 tax year that ends on 5 April 2021. You can give away up to £3,000 worth of gifts each tax year. This is known as your CONTINUE READING