Angelholiday
Joined: 12/17/2023
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Transferring within family
Dear Team, I am planning to support my uncle family for their living in the UK. I pay income tax for my UK employment. My uncle and aunt are retired. I read that annual allowance for gift is £3000. I hope to gift them £1500 per month for their living. Would I or them have to pay tax for this? Many thanks, Ange