marymooney
Registered User
- Messages
- 8
Hi there
I am to be married soon. My mother is kindly paying for the wedding (15,000) and the inlaws are matching that in cash which we intend to put in our mortgage account.
Are we liable for gift tax?
The inlaws will likely deposit the money via bank transfer. They are doing this as they paid for their daughters' weddings so want to give the sons the same.
I am to be married soon. My mother is kindly paying for the wedding (15,000) and the inlaws are matching that in cash which we intend to put in our mortgage account.
Are we liable for gift tax?
The inlaws will likely deposit the money via bank transfer. They are doing this as they paid for their daughters' weddings so want to give the sons the same.