Exempt Gifts

These are gifts that are exempt from Inheritance Tax and include the following: 

  • Gifts to individuals made more than seven years before death
  • Gifts to spouses or civil partners
  • Gifts that do not exceed £3, 000 in one tax year
  • Gifts that are made on consideration of marriage or civil partnership
  • Gifts for ‘national purposes’ (gifts to certain institutions such as the National Gallery
  • Small gifts (gifts of up to £250 made to any number of recipients)
  • Gifts which are made out of income for normal expenditure