Inheritance Tax on Gifts: allowances and the 7 year rule

how much can you give away tax free
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Yes , Any gift from a friend exceeding Rs 50,000 will be taxable However any gift less than Rs 50,000 is tax free How can I save tax by

Hi Abhishek Parasrampuria, There are no tax implications from cash gifts other than that any interest or dividends that the gift generate will be taxable There

how to win the lottery in canada You can give away a total of £3,000 worth of gifts each tax year without them being added to the value of your estate This is known as your 'annual exemption'

how does the lottery machine pick numbers You can give away a total of £3,000 worth of gifts each tax year without them being added to the value of your estate This is known as your 'annual exemption'