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0:29
TikTok
magicmoneytips
Registering Inheritance Tax Gifts: Essential Tips
MagicMoneyTips | Kevin White(@magicmoneytips). original sound - MagicMoneyTips | Kevin White. When it comes to saving inheritance tax, one of the biggest questions people ask is: Where do you register the gifts you make? And here’s the truth — there is no official register for recording gifts for inheritance tax purposes. That often ...
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Want to know how to save inheritance tax and make sure more of your hard-earned money passes to the people you care about? Let’s break down three super effective, totally HMRC-approved strategies that many people don’t even realise they can use. 1. Use your annual gift allowance Every tax year, you can gift up to £3,000 without it being added back into your estate for inheritance tax. You can split it between people, carry forward last year’s unused allowance, and it’s one of the simplest ways t
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