Tax on immovable property received as gift

Hi,

Immovable property as gift from certain family members is exempted from tax.

Will I (an adult man) have to pay tax if I receive a residential plot as gift from my mother's sister who is 65 years old and a widow with no children/heir?

Will my mother (70 years old and widow with children/heirs) have to pay tax if she receives above plot as gift from her sister (who is 65 years old, a widow with no children/heir)? Subsequently, can my mother gift this plot to me (other legal heirs will sign relinquishment deeds) or to all her legal heirs without any tax on any donee?

Thanks in advance.

Replies (3)
Quick Summary
This discussion explores the tax implications of receiving immovable property as a gift in the UK. It clarifies that gifts from certain relatives are generally tax-exempt. The user inquires about specific scenarios involving gifts from a mother's sister to an adult son, and to his mother, as well as subsequent gifts to the son or all heirs. The advice given suggests that gifts from a mother's sister to her nephew or sister are usually tax-exempt as they fall under the definition of 'relative'. However, a gift from the mother's sister to the user's wife is not exempt as she is not considered a relative in this context.

In either case person gifting falls under definition of relative and there will be no taxability on receiving.

Thank you.

Another scenario:

If this plot is gifted by my mother's sister, who is 65 years old and a widow with no children/heir, to my wife, will she (an adult woman with children/heir) have to pay tax? Basically she will receive from the sister of her mother-in-law. Is this gift in this relation also tax exempted?
 

For your wife she doesn't falls under definition of relative hence no exemption.

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