megus77
Joined: 4/16/2023
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RE: Gift tax for cash gift from overseas
Hello, I am EU CItizen (Polish) with settled status, been living here for 17 years. I am working and paying taxes here in England. My mum wants to gift £4000 to me she is living in Poland, living and paying taxes there. I believe there is a £3000 allowance each year, will I have to pay tax on an additional £1000 then? Would appreciate your help answering this. Thank you