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Posted Thu, 11 Apr 2024 12:35:32 GMT by nic chan
can I transfer 200K to my unmarried partner? will there be any tax for both of us?
Posted Fri, 19 Apr 2024 13:48:53 GMT by HMRC Admin 19 Response
Hi,

There are no Income Tax implications on the giving or receipt of cash gifts, but you may wish to contact our Inheritance Tax team regarding any Inheritance Tax implications.

Inheritance Tax: general enquiries

You can also see guidance here:

How Inheritance Tax works: thresholds, rules and allowances

Rules on giving gifts

Thank you.

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