How Much Money Can You Gift Tax-Free? (5 Ways To Do It)

Do you know how much you can actually gift tax free in 2026?Most families assume there's a single limit on what you can give away. But there are five separate allowances you can stack together in a single year, and a married couple using wedding and annual exemptions together can legally hand over £16,000 to a child without any inheritance tax consequences at all. One of those exemptions has no upper limit whatsoever, yet most people have never heard of it.In this episode, I walk through every gifting allowance available, explain how the 7 year rule really works, and cover the two traps that catch families out most often. One is the common belief that taper relief reduces the value of a gift when it actually only reduces the tax rate. The other is gifts with reservation of benefit, where HMRC treats a gift as though it never happened because the giver kept using it.With over 25 years advising individuals and employers on pension and estate planning across PwC, EY, Aon, Willis Towers Watson, and KPMG, I've seen countless families pay inheritance tax they simply didn't need to.Watch this episode in full on our YouTube channel: https://www.youtube.com/@retirementandmoney