Follow us
Publications Commentary Research People Events News Resources and Videos About IFS
Home Publications Lifetime gifting: reliefs, exemptions and behaviours

Lifetime gifting: reliefs, exemptions and behaviours

External publication

This research explored the prevalence of gifting in the general population and how it varied between different groups, based on a new quantitative survey was conducted with a representative sample of adults in Great Britain. The survey also explored the nature of gifting – including the number and value of gifts given, who they were given to, and the motivations for doing so – as well as awareness of inheritance tax rules and exemptions.

The findings in this report cover:

  • the incidence of recent gifting, and lifetime gifting, in the general population
  • how the incidence varies by different demographic characteristics – such as age, wealth, income, marital status and whether or not the individual had children
  • the nature of gifting behaviour and the reasons for this gifting
  • awareness of inheritance tax rules and exemptions and their impact on behaviour

 

More on this topic

Briefing note
In an ongoing programme of research, we aim to examine in detail how pension saving might be expected to change over working life, and how employees and the self-employed behave in practice.
Observation
understanding_the_gender_pension_gap
Briefing note
In this briefing note, we use a life-cycle economic model to illustrate that there are good reasons for saving rates not to be constant over working life, due to predictable factors that change with age.