I pay my grandsons’ school fees. How do I ensure there is no tax bill when I die?

I pay my grandsons’ school fees. How do I ensure there is no tax bill when I die?

I pay my grandsons’ school fees. How do I ensure there is no tax bill when I die?

I pay both my grandsons’ school fees, which amount to £20,000 a year. The fees are paid out of my income. How do I ensure that this is not taxed as a gift when I die? How do I keep records for HMRC to show these amounts are paid within my income?

Ray Black
Fri, 08/16/2019 – 10:42

From
AB/Walton-on-Thames

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