NEW Articles27 May 2026
Why the Date of a Gift Matters More Than You Think
The date of a gift can impact tax reporting, estate administration and evidence for an enquiry.
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Alliotts LLP is an independent firm of Chartered Accountants and business advisors practice based in London and Guildford. We provide a wide range of national and international clients with a full range of professional services. Working together is about more than our technical ability, it is essential we deliver the highest levels of client care
One of the key questions to answer when you are faced with the possibility of working in another country is “will I be better off?”
Your employer may be offering you a pay rise or to cover your housing, your travel costs and any relocation fees but have they talked you through the tax implications of each of these?
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View all related contentNEW Articles27 May 2026
The date of a gift can impact tax reporting, estate administration and evidence for an enquiry.
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Disruption which results in an unplanned return to the UK may also have significant tax implications
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The normal expenditure out of income exemption allows individuals to make gifts during their lifetime that are immediately exempt from inheritance tax (IHT) – there is no seven-year wait. A recent case heard by the First-tier Tribunal (FTT) has cast some light on what is meant by ‘normal expenditure’.
Articles19 Mar 2026
As we approach the end of another tax year, it may be worth checking your national insurance (NI) record.
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