Phoebe made the following transfers during 2022-23: 12 April 2022 Gift to grandson 50 17 May
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Phoebe made the following transfers during 2022-23:
£
12 April 2022 Gift to grandson 50 17 May 2022 Gift to her nephew on his marriage 3,000 3 August 2022 Gift to her husband 25,000 31 October 2022 Gift to a relevant property trust 10,000 1 January 2023 Gift to the Labour Party 5,000 None of the gifts are regarded as normal expenditure out of income. Phoebe made no transfers at all during 2021-22. Calculate the value of each of her 2022-23 transfers after deduction of all the available exemptions.
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