Gifting from income: A useful rule you might have missed
Almost three quarters of UK adults are unaware that regular gifts from surplus income can be made exempt from Inheritance Tax (IHT), provided certain conditions are met. What this tells us is that many people may already be giving financial gifts that could qualify, without keeping records that HMRC may need. The rule, in brief In order to be exempt from IHT,
September 22, 2026