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AAFM CTEP Exam - Topic 8 Question 79 Discussion

In UK, gifts in consideration of marriage (CP) are exempt transfers up to a maximum of __________if given by each parent.
A) 5,000
B) 2,500
C) 1,000
D) 250

AAFM CTEP Exam - Topic 8 Question 79 Discussion

Actual exam question for AAFM's CTEP exam
Question #: 79
Topic #: 8
[All CTEP Questions]

In UK, gifts in consideration of marriage (CP) are exempt transfers up to a maximum of __________if given by each parent.

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Suggested Answer: A

by Golda at May 12, 2026, 08:30 AM

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Francine
5 days ago
Wait, are you sure it's not £2,500?
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Glenn
10 days ago
Totally agree, that's a nice amount.
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Stanford
15 days ago
It's £5,000 from each parent!
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Mattie
20 days ago
I’m pretty confident it’s £5,000 for each parent, but I should double-check that before the exam.
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Stefany
25 days ago
I feel like the answer might be £1,000, but I can't recall the exact details from my notes.
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Viola
1 month ago
I remember practicing a similar question, and I think it was about £2,500 for gifts from grandparents, which confuses me a bit.
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Gracia
3 months ago
I think the maximum exemption for gifts from parents is £5,000, but I'm not entirely sure.
upvoted 0 times
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