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Tax On Mortgage Payment Made By Parents
Jazzhands
Posts: 30 Forumite
in Cutting tax
I am in the fortunate position that my parents have received a lump sum from some investments and want to share some of that by paying a lump sum (~£50k) off my mortgage for me.
Does anyone know what (if) tax liability this will carry for me or them?
Does anyone know what (if) tax liability this will carry for me or them?
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