Gifts on which Inheritance Tax will not be payable unless the donor dies within seven years.
Found on
http://www.encyclo.co.uk/local/20174
If you make a gift during your lifetime, it could be liable to inheritance tax. Some gifts are exempt from inheritance tax, such as gifts to your spouse, and the first £3,000 of other gifts each tax year. Other gifts you make to individuals will be exempt, provided you do not die within 7 years of the gift. Such gifts are potentially exempt transf...
Found on
http://www.encyclo.co.uk/local/20949
A gift which is not taxable at the date of the gift but may be brought into charge at a later date
Found on
http://www.encyclo.co.uk/visitor-contributions.php
A gift from one person to another which is not liable to inheritance tax provided the person... <a target=_blank href='http://www.finance-glossary.com/terms/potentially-exempt-transfer.htm?id=1149&ginPtrCode=00000&PopupMode=false' title='Read full definition of potentially exempt transfer'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
If you make a gift during your lifetime, it could be liable to inheritance tax. Some gifts are exempt from inheritance tax, such as gifts to your spouse, and the first £3,000 of other gifts each tax year. Other gifts you make to individuals will be exempt, provided you do not die within 7 years of the gift. Such gifts are potentially exempt transf...
Found on
https://www.encyclo.co.uk/local/20956
No exact match found.
