cash gift

Hi,
We can confirm that there are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.
Thank you.
 

Hello, If you receive a cash gift (over £20K) from a family member and the original amount originated from a trust resident in Jersey, am I right that this would be subject to the onward gifts rules and capital gains tax on the matched capital gain under s87 TCGA 1992? If so could you also explain what the 'matched capital gain' is in layman's term please?