What Are the Exemptions?

There are various exemptions you can keep. The most unused exemption of them all is called the gifts from income exemption. People sort of usually have a vague awareness of this, but it just doesn't get used enough for families with significant wealth and decent incomes. But we're gong to come back to that in the minute. It's really important. Under you is exemption. You avn't very rarely used? I say obviousaon becuse i know, it a so a wedding or civil partnership exemptions. Who can give five thousand pounds to a child? Youcan give two and a half thousand pounds to your great grandchild. So these are all cumulative as well.