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?

Source: Daily Express :: Finance Feed https://ift.tt/2Sks4Pz

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