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Gift to daughter

Answer
Car Guy57
Posted Sun, 13 Oct 2024 14:03:27 GMT by Car Guy57
I understand that if I gift my daughter over £3000 I’ll need to keep a record of it for IHT purposes, but do I need to let HMRC know at the time of giving the monetary gift (regardless of the amount over £3k)? Thanks.
Answer
HMRC Admin 34 Response
Posted Fri, 18 Oct 2024 09:36:07 GMT by HMRC Admin 34 Response
Hi,
Please contact the Inheritance Tax team for advice.
Inheritance Tax: general enquiries
Thank you.

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