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What gifts are tax free?

bertieo · 2008-10-30 17:25:31

Does anyone know if there is a limit on the amount of money that one person can give to another as a gift without it being treated as taxable income? Or is any amount considered taxable? Does it make any difference if the gift is between family members or not?

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Kavanne Posts: 5,093 Forumite

2 November 2008 at 11:22PM

That is exactly the site I saw, cheers slough, Bookmarked it now!

Kavanne
Nuns! Nuns! Reverse!

'I do my job, do you do yours?'
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What gifts are tax free?

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