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10. Personal tax
Is it taxable?

Is it taxable?

Posted Wed, 26 Jun 2024 03:45:43 GMT by askingforafriend

I am a UK citizen living abroad (Non UK resident). If I decide to give my best friend (UK resident) monthly allowance from my UK bank account in order to help her with living expenses, does she have to pay any tax on it? What are the limits for this kind of payment?

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