Who pays Gift & Inheritance Tax? a) The recipient of the gift or inheritance is responsible for paying whatever tax is due and will be liable for interest and penalties if they do not. By Cathal Maxwell|2025-05-23T08:24:14+01:00May 23, 2025|Tax Return Self Assessment FAQs| Share This Story, Choose Your Platform! FacebookXBlueskyRedditLinkedInWhatsAppTelegramTumblrPinterestXingEmail About the Author: Cathal Maxwell Cathal brings over 40 years of tax experience, advising individuals and businesses on Income Tax, Capital Taxes, Inheritance Tax, Stamp Duty, and VAT.