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Which gifts are free from inheritance tax?

Inheritance Tax may have to be paid after your death on some gifts you’ve given, so in this video I will explain what counts as a gift and which gifts you can make and be confident they are exempt from inheritance tax. Other videos you might be interested in: What is Inheritance Tax and how much is it? –    • What is Inheritance Tax and how much ...   PETS 7 year rule and taper relief –    • Potentially exempt transfers (PETs), ...   Thanks for checking out my YouTube channel - I’m Justin King and my aim is to help people to live successful lives. If you enjoy this video, please press the like button to help more people like you find my channel. If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, or work out how best to pay for a loved one’s care, I may be able to help you. As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete financial confidence. To explore whether I could help you, get in touch at https://www.mfpwealthmanagement.co.uk. Connect with me: On Twitter:   / justinkingcfp   On LinkedIn:   / justinking-online-retirement-planner-ifa   Or check out my podcast: https://www.theretirementcafe.co.uk/ This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!