Personal Finance (Not Investing) • Question about taxation to UK citizens from US

I believe the term "bequest" is typically used to refer to a transfer following death, such as in your will. What you are describing is rather a gift. I'm not familiar with UK tax but a quick search suggests that HMRC (the UK tax authority) does not impose a tax upon the recipient of a cash gift.

Statistics: Posted by ivk5 — Mon Apr 29, 2024 5:24 am — Replies 2 — Views 198

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