Wedding gifts of up to £1,000 can be made by any person free of IHT small gifts of up to £250 per donee per tax year normal expenditure out of income, provided that it leaves the donor with sufficient income to maintain his/her normal standard of living payments for family ...
The gift is from the gift-giver’s surplus income and you can prove making it didn’t change their standard of living The gift-giver lives for more than seven years after they give you the gift So, it turns out, the HMRC isn’t as Scrooge-like as you thought they were. As long as...