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Posted Wed, 27 Mar 2024 10:49:34 GMT by tax2024
I am a UK resident, NZ Dom. I understand if I receive a cash gift from NZ, there is no income tax due in the UK on the gift. However, are there any IHT considerations? Does it count towards my £325,000?
Posted Thu, 28 Mar 2024 09:30:21 GMT by tax2024
Would really appreciate a response. Thanks so much.
Posted Thu, 28 Mar 2024 16:24:51 GMT by HMRC Admin 25 Response
Hi tax2024,
Please refer to:
How Inheritance Tax works: thresholds, rules and allowances
Or contact the IHT helpline on 0300 123 1072
Thank you. 

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