Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 13 Aug 2024 12:50:25 GMT by Samie B
My father was given £15000 by his late mother almost 20 years ago. He is worrying he did not pay any tax on it at the time and believes he needs to declare this now. All information I have see suggests he does not. Is this correct?
Posted Tue, 27 Aug 2024 09:37:26 GMT by HMRC Admin 5 Response
Hi 

There is nothing to worry about.  There are no tax implications on giving or receiving a cash gift.

Thank you

You must be signed in to post in this forum.