Hi,
I am considering helping my girlfriend to get on the property ladder by giving her around £400,000 as a gift. She can then use the money to purchase a home if she finds somewhere. It will be in her name and for her to keep. We are both EU-UK residents living in the UK. Would this gift be subjected to Inheritance tax? I am in my early 40s with no ill health (ie not planning to die in the next 7 years).
Many thanks.
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