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Posted Tue, 10 Jan 2023 16:59:13 GMT by ESKL
I am a British national non resident in the UK. I intend to return to reside permanently in the UK within the next few years. Will gifts to UK residents given before my eventual return be included in the 7 year rule or will they be exempted. Secondly, does it matter whether the gifts were made from my UK bank account or from my foreign account. Thank you,
Posted Fri, 13 Jan 2023 13:34:27 GMT by HMRC Admin 5

Take a look at the guidance on:

How Inheritance Tax works: thresholds, rules and allowances

It will give you guidance on giving gifts and the tax implications.

Thank you.

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