Inheritance Tax Scramble: Parents Rush to Gift House Deposits

In the UK, parents are gifting large house deposits to children to dodge Labour's upcoming inheritance tax hikes. Over 100,000 homebuyers received £100,000+ from family last year. This trend helps younger generations secure homes while lowering their future tax bills. Changes in tax laws, expected to affect nearly 10% of estates by 2030, have heightened urgency. Some fear these government tweaks threaten traditional inheritance strategies. As always, the government's hand in your pocket prompts creativity—and, perhaps, a little family generosity.