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Where Taxpayers and Advisers Meet

Difference between loan and gift

AGoodman
Posts:1752
Joined:Fri May 16, 2014 3:47 pm
Re: Difference between loan and gift

Postby AGoodman » Tue Jun 09, 2020 12:50 am

So was he.

HMRC rarely investigate gifts but if they did your explanation sounds much more plausible than your family gifting £10k backwards and forwards.


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