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Elite 11+ shopping and chat thread part 2½
Comments
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Marks £5 off trousers and leggings has just popped into my inbox. Off to see if anything cheap now0
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TrulyMadly wrote: »Lidl this weekend.
I'm going for the full on migraine:o
Cheese and chocolate:o:D
Is it crisps this weekend?
Or have I missed them.
Morning peeps.curl girl with a space - even though there is no space in my cupboard!!!0 -
Hi, are there any triggers in the 5 for £1 kids sweets in a please? thanks0
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davemorton wrote: »As TS says, it would be fine as it was a gift, unless you die before 7 years were up, but it may affect benefits if they were on them.
Apparently £3000 per year - even limits to gifts to family (you as the giver are potentially liable too depending who and how much!) as potentially avoiding inheritance tax :eek:
https://www.money.co.uk/guides/how-do-i-gift-money-without-being-taxed.htm
I will stop looking now and cross that bridge if we ever come to it.
Anon0 -
Apparently £3000 per year - even limits to gifts to family (you as the giver are potentially liable too depending who and how much!) as potentially avoiding inheritance tax :eek:
https://www.money.co.uk/guides/how-do-i-gift-money-without-being-taxed.htm
I will stop looking now and cross that bridge if we ever come to it.
Anon0 -
Well thats made me more confused as ever. What if you are loaning some money to a relative, would you have to pay tax on that?
A loan is not a gift so not taxable as you are expecting it back, I would think. But if you charge interest on the loan the interest would be taxable income? If you made a personal loan and they never paid it back ... who would know apart from the two of you?
Anon0 -
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