Published On: Sun, Jul 21st, 2019

Inheritance tax on gifts: What is taper relief? How much can you give family each year?

INHERITANCE TAX may be payable after a person’s death. The tax may also be required to be paid on gifts which are given during one’s lifetime, after their death. What is taper relief? How much can a person gift tax-free each year?
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Inheritance tax on gifts: What is taper relief? How much can you give family each year?