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Meta
Tag Archives: Gifting
Can I gift my holiday home or rental property to my children
Transferring ownership of property from parent to child in the UK The principal tax to consider when making gifts is inheritance tax (IHT). The gift of a property will be a ‘potentially exempt transfer’. If you survive the gift for …
Posted in Shorter Reads
Tagged Gifting, holiday home, IHT, inheritance tax, lifetime giving, tax
Comments Off on Can I gift my holiday home or rental property to my children
How can I help my children buy a house?
The Bank of Mum and Dad supported more than half of first-time buyers under the age of 35 in 2020 and is the sixth largest lender in the UK. The average amount provided by the Bank of Mum and Dad …
Posted in Shorter Reads
Tagged First-time buyers, Gifting, loans, trusts
Comments Off on How can I help my children buy a house?
