Annual Gift Limit 2025 Uk . See gov.uk for more information on what exactly constitutes a gift. This is £3,000 in total rather than £3,000 per recipient.
There’s no inheritance tax to pay on any gifts to charities or political. With the end of the current tax year fast approaching, anyone wishing to use their 2023/24 (and potentially their 2022/2023) annual allowance in relation to gifts only has.
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