Discussion
Hi knowledgeable people of PH. Am due to get married next year, and my dad has asked me to find out about IHT implications if he were to pay for part of this and the worst should happen in the following 7 years.
Would there be any tax due if he were to pay the venue directly, HMRC website states that a £5k gift can be made but would this count as a gift?
TIA
Would there be any tax due if he were to pay the venue directly, HMRC website states that a £5k gift can be made but would this count as a gift?
TIA
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