5000 of it does. 3000 is covered by the annual allowance but the other 5000 comes off the lifetime CAT C threshold.Hi all,
All I'm seeing when looking this up is the annual small gift allowance of 3k but if a friend wants to gift me 8k does is not fall under Cat C for revenue of 16,250?
Thanks!
Thanks for the reply!
Can I ask where you got the figure of 5k from?