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rodj | 14:16 Fri 20th Feb 2009 | Law
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what is the limit on cash gifts to individuals before they are liable to tax
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Avatar Image dzug
There is no repeat no gift tax in the UK. You can give away whatever you like and nether you nor the recipient will be taxed on the gift..

There is the potential (and only potential) for inheritance tax but that's a different question.
14:32 Fri 20th Feb 2009

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