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Re: How much would be too much?
There is currently no gift tax in the Uk. The problems can arise where the person makes the gift and then dies, leaving the open question of inheritence tax. If you die within 7 years of making the gift, your Estate is responsible for 40% tax on the gift, provided your Estate is more than £263K.
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Some cinemas let the flying monkeys in............and some don't.
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