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TLDR: Gifting Property to Your Children – The CGT and IHT Traps

by johnireland | Tax Talk

Thinking about gifting property to your children while you’re alive? It’s not as simple as signing over the deeds and waiting seven years. This week’s article unpacks the traps: how the seven-year rule and taper relief actually work, why continuing...

Gifting Property to Your Children While You’re Alive: The Capital Gains Tax and Inheritance Tax Traps

by johnireland | Articles

Give away the family home too soon, and you could hand HMRC two tax bills instead of none Gifting a property to your children while you’re still alive can feel like the sensible, generous thing to do. You reduce the value of your estate, you get to see your...

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