Can I give a cash gift to my sister with no tax implications for myself?

I have been trying to find information regarding cash gifts(none charity)

I'm a sole trader and want to help my sister with money as she can't find a job.

Does the gift come with tax benefits? So If I gave my sister £1,000 would this be taken from my tax bill ?

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Taken from your tax bill?

BKD's picture

tax deductible if

pauld |


Steve Knowles |
Steve Knowles's picture


Chris Wise |


Marion Hayes |
Marion Hayes's picture

hmm she has actually done the

lobas |

It should be mentioned ...

Old Greying Accountant |
Old Greying Accountant's picture

is this a new concept?

pauld |

Is this what they call toilet humour?

ShirleyM |
ShirleyM's picture