Petition · HM Treasury

Increase the UK inheritance tax gift allowance in line with the US

Open for signatures 144 signatures

What the petition asks

We call on the UK Government to reform the current inheritance tax gift rules (where only £3,000 is exempt each tax year before the seven-year rule applies)
So that UK residents can give larger lifetime gifts without inheritance tax implications — aligned more closely with the US annual exclusion of ~$19,000 per recipient. We believe this would help families support loved ones during their lives and modernise UK tax policy.

Timeline

11 Mar 2026 Petition opened for signatures

Key facts

Signatures 144
Status Open for signatures
Department HM Treasury
Opened 11 Mar 2026

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Source: the official petition page. Last checked 26 Jul 2026.