Gift Tax Rates 2025 Uk

Gift Tax Rates 2025 Uk. The government took in a record £7.5 billion in iht for the past 12 months to april 2025 and £700 million in the first month of the new 2025/25 tax year. 50,000 per annum are exempt from tax in india.

In addition, gifts from certain relatives such as parents, spouse and siblings are also exempt from. The following rates are for the 2025 to.