Login
Remember
Register
Photography Q&A
Questions
Unanswered
Ask a Question
Ask a Question
Can I gift 100k to my son in the UK?
0
votes
2
views
asked
by
anonymous
Can I gift 100k to my son in the UK?
Please
log in
or
register
to answer this question.
1
Answer
0
votes
answered
by
anonymous
In theory, you can gift as much money as you want to your children, but large gifts may be subject to tax (more on that later). The good news is that for the financial year 2024/25, every UK citizen has an annual tax-free gift allowance of £3,000.
Please
log in
or
register
to add a comment.
Welcome to Photography Q&A, where you can ask questions and receive answers from other members of the community.
Related questions
How good is 100k salary in UK?
Can my employer make me wear a body camera in the UK?
Can I migrate to the UK without a job offer?
Can my Neighbour film me in my garden UK?
Can I migrate from Poland to UK?
Random Question
How to get sharp concert photos?
Is it worth it being a photographer?
Who needs ISO 20000?
How to make a mini studio at home?
Do professional photographers use Leica?
Is 40k a good salary in Bangalore?
How can I look more attractive in photos?
What is C2 and C3 use?
Why are Apple cameras so good?
Can a 22 year old date an 18 year old?
...