Back dating small gifts

[slougho]

Hiya All

I am wondering if the £250 yearly gifts which can be given for example to grand children, can be back dated by a year without creating any future problem ?

Thank you

[pawncob]

Any gifts unused in the previous year can be brought forward.

[maths]

I'm afraid not pawncob.

There is no provision re the small gifts exemption (£250 per recipient) for any unused amount to be carried forward (as applies to the £3,000 annual exemption).

Also the £250 cannot be part of a larger cash gift.

Any number of £250's can be gifted so long as each is to a different donee.