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Actually this is for my sister, she lives in London and I want to send her money from USA to her bank account.
Will that transfer affect the taxes she must pay?
As long as you give the gift (of cash) more than seven years before you die or the amount is less than the annual allowance of £3,000, this will be tax-free for her.
If you die earlier than that, the gift will be subject to Inheritance Tax.
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