Cash is an easy and quick present to give over Christmas – and it could protect some of your estate from the taxman down the ...

I am single and have no children. I have two grandnieces, ages 5 and 10. I want to leave them each an inheritance from investments that will become available when they become 18. I would like the ...

However, when you're gifting cash, you'll have to keep HMRC in the back of your mind as you could risk your family facing an ...

Here are some steps to take so your windfall is a path toward an even brighter financial future, rather than a dead end. From ...

Generous Brits are unknowingly leaving their loved ones open to inheritance tax bills by failing to document how much they have given and to whom, according to latest research. Nearly half (45%) of ...

Personal finance experts are warning UK households about the £3,000 annual gift allowance and inheritance tax implications if ...

For income or corporation tax purposes, gifts to customers are only tax-deductible if they meet strict conditions. The gift ...

New figures release by the HMRC reveal the amount of inheritance tax paid on cash gifts has surged over 153 per cent in a ...

More than 14,000 British households are being sent unexpected tax bills by HMRC for breaking the seven-year gift rule. HMRC has collected £3m in inheritance tax for "gifts gone wrong" because ...

Personal finance experts are reminding UK households over the £3,000 cash or gift allowance - which shields you from ...

A cheque for $3,000 from deceased grandparents holds a place of emotional significance for the man. Trouble arises when his wife wishes to spend it on gifts.

The Finnish parliament on Wednesday approved reforms to the country's inheritance and gift tax legislation, raising the minimum threshold. The revised legislation will raise the minimum inheritance ...