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I want to gift out of surplus income, how do I prove the money isn’t from my capital?

Daily Mail on December 18, 2024

I want to gift out of surplus income, how do I prove the money isn't from my capital?

I’m planning to use gifting out of surplus income to mitigate inheritance tax. Is it possible to get an interim review of the records being kept to demonstrate gifts are from income and not capital?

Source link : https://www.dailymail.co.uk/money/financial-planning/article-14201303/I-want-gift-surplus-income-prove-money-isnt-capital.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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Publish date : 2024-12-18 07:18:29

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Tags : Daily Mail

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