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What Is The 7 Year Rule For Gifts? [Solved]
The 7 year rule No tax is due on any gifts you give if you live for 7 years after giving them - unless the gift is part of a trust. This is known as the 7 year rule. If you die within 7 years of giving a gift and there’s Inheritance Tax to pay on it, the amount of tax due after your death depends on when you gave it.
How does the 7 year inheritance tax rule work?
How does the
How the 7 Year Inheritance Tax Rule Works?
How the
Inheritance Tax: Seven year rule for gifts made in the last seven years
Some
