Hello, I've asked a few people about this who can't give a straight answer. Maybe someone here might know. Basically, my still-very-much-alive parents want to gift me a house. I'd guess the value is around €250k. It's essentially a site, first thing I'll be doing is knocking and rebuilding. This house has been my home for 7 years (but I know the law changed on that). My father inherited this house in the mid-90s when it was valued at £40k. So that's a lot of CGT. The question is - can it be simply gifted to me, as it's below the inheritance threshold for gifts from parents to children? Or does the CGT complicate things? Would I have to pay CGT when they gift it to me? I'm guessing I could have a tax bill for around €65,000. Thanks!