In which tax year will £6,000 gift count?
In which tax year will £6,000 gift count?
My parents each gave me £3,000 just before the end of the 2018/2019 tax year. They each gave me a cheque and I deposited them into my bank account around 2 April, which was still within the 2018/2019 tax year.
However, the cheques didn’t clear until after 6 April which was into the new tax year.
My parents are thinking about giving me another £3,000…
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