Gifts from Normal Expenditure

Donor Details

Full Name(s)

Date of Birth

NI Number

Financial Adviser

Address

Enter all income sources for the selected tax year. Use gross figures before tax, then deduct income tax paid below.

Net Income —

Record all regular living costs. These must represent normal, habitual expenditure required to maintain the donor's standard of living.

Total Expenditure —

Surplus Income —

Record the total gifts made from surplus income this tax year. Gifts must not exceed surplus income to qualify under s.21 IHTA 1984.

Total Gifts (GNE) —

Cumulative unused GNE to date: —
Note: unused GNE does not carry forward for IHT purposes — only the current year's surplus is relevant. This figure is for reference only.

Multi-Year Summary

All figures in £ — IHT403-compatible layout