Gift from Husband grandfather

Good Morning everyone

One of the client received some amount to her account from her Husband grandfather. Is it taxable?

Can we treat this as Gift?


 

Replies (2)
Quick Summary
A client has received a sum of money from her husband's grandfather and is unsure if it's taxable. Generally, gifts received from blood relatives are not subject to tax in the UK. This means that a gift from a husband's grandfather would likely be considered tax-exempt under the current gift act exceptions.

Not taxable
Exceptions of gift act. any gift received from blood relation is not taxable.

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