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  • RE: cash gift

    Hi Thanks for your message. What if the gift is over £3k say £20k to purchase first property is there a threshold? Thanks
  • RE: cash gift

    Hi I am thinking about giving my daughter a cash gift over 3k as a deposit towards her first property. The property would also be mortgaged. If in future she then sells this property to purchase another property to live in what needs to be considered on equity part and any profit made on sale? I am aware of the 7 year gift taper. Would there be any capital gains forms to fill out? What about IHT? Is there anything else to think about? Thanks