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Combining IHT Wedding Gift Exemptions?

Answer
IdRather NotSay
Posted Mon, 04 Nov 2024 22:42:02 GMT by IdRather NotSay
Can I combine the wedding gift IHT exemptions, and gift £5000 to my child and also gift £1000 to their new spouse (under the “any other person” rule) on the occasion of their wedding, exempt from IHT?
Answer
HMRC Admin 34 Response
Posted Tue, 05 Nov 2024 13:19:39 GMT by HMRC Admin 34 Response
Hi,
Please contact the Inheritance Tax team for advice.
Inheritance Tax: general enquiries
Thank you.
Answer
BellaBoo
Posted Thu, 07 Nov 2024 07:01:13 GMT by BellaBoo
Hi, I'm not a HMRC Admin but the £5000, £2500 and £1000 are the maximum amounts that can be gifted per marriage, not per person. https://www.legislation.gov.uk/ukpga/1984/51/section/22

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