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lynneg

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lynneg

tax on receiving gift money

I live in the UK and am a british citizen. A friend ho is also British and living int he UK wishes to give me a gift of eight thousand pounds. Am I liable to pay tax on this gift? Will he be taxed for...
13:37 Thu 04th Aug 20051 answer, last by kempie 14:29 Thu 04th Aug 2005

Only 1 question