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TonyTax
TonyTax, Tax Consultant
Category: Tax
Satisfied Customers: 16579
Experience:  Inc Tax, CGT, Corp Tax, IHT, VAT.
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My mother is French. I am a british French citizen (I was

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My mother is French. I am a british French citizen (I was born in London) and leave and work in the UK. My sister is still only a French citizen and lives and works in the UK. My mother is thinking of giving us about £25,000. Would I or my sister have to pay taxes?
JA: Have you talked to a tax professional about this?
Customer: no
JA: Anything else you want the Accountant to know before I connect you?
Customer: no that's it.

Hi. My name is*****'m looking at your question now and will post my answer or ask for more information here in a short while.

The recipient of a gift does not pay tax on it in the UK. As your mother is not a UK national, so long as she makes the gifts from non-UK sources there will be no UK Inheritance Tax implications for her estate when she dies.

You would need to seek advise as the French IHT position.

I hope this helps but let me know if you have any further questions.

Customer: replied 1 month ago.
That's great and thank you for the prompt reply.

Thanks.

Would you mind rating my answer before you leave the site please.

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