(Personal) Gift

As a parent, child or acquaintance, you sometimes want to donate or receive money. That depends on three things 

1. the year as the amount is not always the same
2. the relationship between donor and recipient.
3. the purpose for which the money is used

The recipient does not pay gift tax for donations up to the annual exemption and does not have to file a tax return.

1. Annual exemption

You may donate a certain amount tax-free each year. The amount changes every year.

> Tax-free donation in 2024

2. Relationship

Children (biological, recognized, step or foster) may receive more than other people. But you can also donate money as a family member or friend.

3. Purpose

There is a one-off increased exemption. This could be for a study or another discretionary spending purpose. The former 'jubelton' for a house has been abolished. 

The exemption from business succession regulations still applies.

> Donation for a study