How Much Can You Gift Tax Free 2024 Nz. What you can gift and how much you can gift. (that’s up $1,000 from last year’s limit since the gift tax is one of many tax amounts adjusted annually for inflation.).

Gifts made on or after 1 october 2011 are no longer liable for gift duty and documents are no longer required to be filed with the ird for any gifts made. How much can a family member gift you tax free?