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Where Taxpayers and Advisers Meet

Gift from son to parents.

ollie
Posts:17
Joined:Wed Aug 06, 2008 3:31 pm
Gift from son to parents.

Postby ollie » Mon Oct 15, 2018 2:27 pm

Been researching the tax implications of a gift from a son to his parents. Is this dealt with the same way as gifts from parents to children?
All articles discuss IHT etc but can't find anything specifically about this, so any advice will be very helpful. Thanks.

maths
Posts:8507
Joined:Wed Aug 06, 2008 3:25 pm

Re: Gift from son to parents.

Postby maths » Mon Oct 15, 2018 6:38 pm

Yes gifts to parents same as gifts from parent to children.

What did you have in mind?


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