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Posted Sun, 10 Mar 2024 03:20:51 GMT by earnestpeter
I understand that gifted cash would be liable for inheritance tax if the cash giver pass away within 7 years. Does this rule applies when the action of giving happened before both the parties were not UK tax payers and then become UK tax payer within 1 years. Thank you.
Posted Thu, 14 Mar 2024 11:13:25 GMT by HMRC Admin 19 Response
Hi,

Please contact our Inheritance Tax team for advice:

Inheritance Tax: general enquiries

Thank you.
 

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