Brits who have gifted money to family members in the past seven years have been warned that they could be liable for ...

Enquiries have at least doubled since the Budget, says one expert, who believes these are now likely to increase ...

Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...

The budget has created a tax arbitrage for non-resident Indians (NRIs) investing in unit-linked insurance plans (Ulips) ...

Finance Act, the government extended the "Specified Fund" tax regime to retail schemes in IFSC, subject to prescribed ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for ...

If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Tax season can feel overwhelming, especially for baby boomers who may be navigating retirement plans, investment portfolios ...

HMRC has issued a warning to UK families who have gifted money to their relatives in the past seven years, saying that these ...

Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...