June Focus – Don’t look a gift horse in the mouth?!? … err … if you do “don’t”, it could be very taxing!
You will have read in the first item in our Techie Stuff section (oh yes you have … you know you have!) about HMRC’s concerns about taxpayers making gifts without appreciating that rules exist about how, when gifts are made, there may be Inheritance Tax consequences. But HMRC are not the only ones to have…