Stephen Osborne
Joined: 3/2/2024
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RE: Cash gift from abroad
Hi I’m an NZ citizen and tax resident. I wish to send my niece who is a uk citizen and uk tax resident $10,000 cash I believe this gift will not be subject gift tax if transferred from my nz bank account I also have a UK bank account - What is the situation regarding gift tax if I transfer this amount to my niece from my HSBC bank account in the UK