Tax efficient use by daughter in UK of cash gift

slane4

Registered User
Messages
18
I may gift an investment portfolio to my daughter in NI as part of an inheritance tax planning exercise.
Can she start a pension fund with it?
 
She probably needs to talk to someone experienced in UK tax law.

Depending on the value of the portfolio, she may incur CAT here and you will have CGT issues.
 
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