SCOUT· 39%48m·2026-10-08·Self DevelopmentGifting and Receiving - BOD037
In this episode of Bank of Dad, we're talking all things gifting money . From what to consider before giving someone a significant sum, to making smart decisions when you're on the receiving end. We explore whether you should spend, save, invest or pay off debt with a financial gift, and clear up some common…
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What people are saying
“Still confused. If my father gave me £300 for my birthday, that is more than £250 so does that come off the £3000 annual gift allowance? If my father also gives £300 to each of my two sisters for their birthdays, is that splitting up the £3…”
“I used to think leaving some to charity was a nice idea, but then a collague mother left 20% of her house to a major charity - Ultimately they are threatening legal action against them if they don't get what the charity view is the value of…”
“£3k annual exemption gift to a person or split between various people. I don’t think same people can receive small gift allowance £250 as well from the same donor ? Also I guess the allowances reset on 6th April”
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