If a family member in the UK wishes to give me money, would that be taxed? I would use it to pay some of my French mortgage. B.R.
The transfer of funds as a gift from one individual to another is treated under the laws of inheritance and in France it is the beneficiary who must declare the gift.
As with inheritance tax, taxation increases heavily, the more distant the relationship between the two people is.
Current allowances (renewable every 15 years) and tax rates ...
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