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Posted Wed, 17 Apr 2024 15:16:09 GMT by angelac
Hi, My husband has no job and does not have any other income during the tax year. Therefore, I give him about GBP 1,300 every month for household and his personal expenses. 1. Does he need to report this money to HMRC? If so, what should he do? 2. Is the money taxable? Thank you.
Posted Tue, 23 Apr 2024 13:41:42 GMT by HMRC Admin 8 Response
Hi,
No.  There are no tax implications from cash gifts.
Thank you.

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