2 articles tagged with Tax Free Gifts.
How the normal expenditure out of income exemption lets you give away surplus income free of inheritance tax in 2026/27, with rules, records and examples.
A non-cash long-service award can be tax-free if you have at least 20 years' service and the value stays within GBP 50 per year of service. Here is how the exemption works with a worked example for 2026/27.