“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...

Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people ...

You can also give away regular gifts for birthdays or Christmas from your usual income tax-free. Other allowances to note ...

What can you do to cut inheritance tax and how can you make the most of gifting rules? We got some wealth experts' top tips.

Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people as you want without triggering any taxes. This is the annual exemption.

Tax expert Johnny O’Callaghan on understanding Capital Acquisitions Tax and how you can hold on to more of your hard-earned ...

Gift tax is a federal tax on the transfer of money or property to another person. Because of annual and lifetime limits, few people end up owing it. Many, or all, of the products featured on this ...

Gift tax may also apply when someone offers a low-interest or interest-free loan, or when they sell something at less than its full market value. Not everything counts as a taxable gift.