3 articles tagged with Seven Year Rule.
How the 7-year rule works for inheritance tax in 2026/27, including taper relief, the GBP 325,000 nil-rate band, exemptions and how to plan gifts safely.
Cash gifts from parents can have inheritance tax consequences. Learn how the annual exemption, seven-year rule, and PET rules apply to family gifts in 2026/27.
There is no gift tax in the UK. But gifts can affect your Inheritance Tax liability. You can give away unlimited cash gifts during your lifetime — but if you die within 7 years, some gifts may be included in your estate. Here's the complete guide.