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Forever stuck on IHT403

JamieKendal · 2024-04-01 14:53:17

Good afternoon, apologies in advance for the long post. I feel like I have been stuck on IHT403 for a very long time and I cannot for the life of me determine what I need to do. I don't know how to just state a value for 7 years worth of gifts without giving more detail. In context, the gifts are not large at all and are…

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Keep_pedalling Posts: 20,996 Forumite

19 January at 10:58AM

Silversue said:

I understood, from a solicitor's site, that of the many £250 'small gifts' you can give to separate individuals, if you gave £251 to any of them, then the whole £250 to that individual doesn't count as a 'small gift'. Is this right?

That is correct.

PS. for future reference please don’t tack a question to an old or unrelated thread, start a new one of your own.

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