Maximum Tax Free Gift 2024 Uk. In the uk, you can give away up to £3,000 per year as gifts without having to pay any tax. In some cases, you can gift money without paying tax.

There’s no upper or lower monetary limit on the amount of a gift that can qualify for gift aid provided you’ve paid enough tax to cover the amount that is payable. The current tax year’s exemption is used first before bringing forward the previous year’s unused allowance.