Research and analysis

Lifetime gifting: reliefs, exemptions and behaviours research

Quantitative research into the incidence of gifting in the British population, how it varies across different demographics, and awareness of Inheritance Tax rules.

• From: HM Revenue & Customs
• Published: 17 May 2019

Documents

Lifetime Gifting - Reliefs, Exemptions and Behaviours Research

Ref: HMRC Research Report 535

PDF, 1.67 MB, 93 pages

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Details

The research explored the incidence of gifting in the general population and how it varied between different groups. A quantitative survey was conducted with a representative sample of adults in Great Britain.

It also explored the nature of gifting – including the number and value of gifts given, who they were given to, and the motivations for doing so – as well as awareness of Inheritance Tax rules and exemptions.

The findings in this report cover:

• the incidence of gifting, and lifetime gifting in the general population
• how the incidence varies across different demographic characteristics – such as age, wealth, income, marital status and whether or not the individual had children
• the nature of gifting behaviour and the reasons for this gifting
• awareness of Inheritance Tax rules and exemptions and impact on behaviour

Published 17 May 2019