Gifting & Exemptions
Reduce Inheritance Tax. Support the people you love.
Effective gifting and the use of available exemptions can significantly reduce the value of your estate and your Inheritance Tax liability. Our specialist advisers help you make the most of every opportunity while staying fully compliant with the rules.
- Specialist Advice
- Tailored Strategies
- Maximise Exemptions
- Peace of Mind
The Power of Gifting
Reduce IHT Liability
Gifts made during your lifetime can reduce the value of your estate and your Inheritance Tax bill.
Support Loved Ones
Help family and friends when they need it most while potentially reducing tax in the future.
Be Tax Efficient
Use annual exemptions and reliefs to your advantage and keep more of your wealth.
Plan With Confidence
We help you navigate the rules and plan effectively for long-term peace of mind.
Stay Compliant
Our advice ensures your gifts are made correctly and in line with HMRC regulations.
How We Help You Maximise Gifting & Exemptions
- Identify all available exemptions and reliefs
- Create a tailored gifting strategy for your circumstances
- Ensure gifts are structured correctly and documented
- Plan for the future while meeting your personal goals
- Review and adapt your plan as your life changes
Key Exemptions You Can Use
The UK tax system provides a number of exemptions and reliefs that can help reduce your IHT liability.
Annual Exemption
Give away up to £3,000 each tax year, plus any unused amount from the previous year.
Small Gifts Exemption
Give up to £250 per person per tax year to as many people as you like.
Wedding Gifts Exemption
Give certain amounts tax-free to support a family member's wedding or civil partnership.
Normal Expenditure Out of Income
Regular gifts from your income are exempt if they don't affect your standard of living.
Gifts to Individuals
Gifts to any individual are exempt after seven years from the date of the gift.
Gifts to Charity
Gifts to registered UK charities are 100% exempt from Inheritance Tax.
Potentially Exempt Transfers
Larger gifts that fall outside your estate provided you survive seven years.
Business & Agricultural Relief
Qualifying business or agricultural assets may be eligible for 50% or 100% relief.
How We Work
Our Proven Approach
Understand Your Situation
We get to know you and your family to understand your goals and circumstances.
Review Exemptions & Reliefs
We identify the exemptions and reliefs you can use now.
Build Your Gifting Plan
We create a tailored plan to reduce your IHT liability.
Implement With Care
We help you make gifts correctly and keep clear records.
Review & Adapt
We review your plan regularly to ensure it remains effective.
Get Expert Gifting & IHT Advice
Speak to our inheritance tax specialists today and discover how smart gifting and exemptions can protect your wealth and support your loved ones.
- 01329 550190
- admin@telmarestateplanning.co.uk
- 9 Pier Street, Lee-on-the-Solent, Hampshire, PO13 9LD
Frequently Asked Questions
Your Questions, Answered
Ready to Protect Your Future?
Book a consultation today and take the first step towards peace of mind for you and your family.