Gift Before Tax Changes | Nottingham News

Starting April 27, 2027, pension pots will be taxed—prompting urgent estate planning. The key? The £3,000 annual gift exemption: give this amount to anyone, or split it, without it counting toward inheritance tax. Unused allowances carry over, doubling your gift potential. Keep records—tax authorities demand proof. Plus, other exemptions like £5,000 for a child’s wedding or regular income-based gifts offer more tax-free options. Plan now to maximize what you pass on. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f8df788dd4af337f