What is Gift & Inheritance Tax? a) It is a tax on gifts and inheritances and the current rate of tax is 33%. By PAYL355t8x|2025-05-23T08:20:48+01:00May 23, 2025|Tax Return Self Assessment FAQs| Share This Story, Choose Your Platform! FacebookXBlueskyRedditLinkedInWhatsAppTelegramTumblrPinterestXingEmail About the Author: PAYL355t8x