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

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

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