Ask the expert: We pay for our adult children to live at home. Will that result in an IHT liability?

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Fidelity's Marianna helps consumers who are debating investing or reducing debt Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their ...

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Will that result in an IHT liability?","media":"cityam","content":"<div>\n<p>Fidelity's Marianna helps consumers who are debating investing or reducing debt Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their ...</p>\n\n<a href=\"https://www.cityam.com/ask-the-expert-we-pay-for-our-adult-children-to-live-at-home-will-that-result-in-an-iht-liability/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ask the expert: We pay for our adult children to live at home. 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Will that result in an IHT liability?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-26 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/ask-the-expert-we-pay-for-our-adult-children-to-live-at-home-will-that-result-in-an-iht-liability/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fidelity's Marianna helps consumers who are debating investing or reducing debt Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their ...</p>\n\n<a href=\"https://www.cityam.com/ask-the-expert-we-pay-for-our-adult-children-to-live-at-home-will-that-result-in-an-iht-liability/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IHT","symbol_name":"InnSuites Hospitality Trust","start_time":0,"source_url":"https://www.cityam.com/ask-the-expert-we-pay-for-our-adult-children-to-live-at-home-will-that-result-in-an-iht-liability/","article_id":"2606261956","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/01/Untitled-design-1.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/ask-the-expert-we-pay-for-our-adult-children-to-live-at-home-will-that-result-in-an-iht-liability/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2606261956","pubTimestamp":1769385660,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Fidelity's Marianna helps consumers who are debating investing or reducing debt Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their adult children live at home could lead to a large IHT bill.Q: Our adult children live in our house. We pay for all food, utilities, council tax etc, but don’t charge any rent.  Is that an inheritance tax liability that should be recorded?It’s covered out of an annual withdrawal we from our Self-Invested Personal Pensions.A: It is very generous of you to let your adult children live at home, rent and bill-free.According to research from comparison site Compare the Market, it costs parents around 280 per month  to have children aged 18 to 25 live at home, hardly an insignificant amount.It would be understandably painful if that generosity were repaid with a large inheritance tax  bill upon your death. If your children were living by themselves instead and you were paying their rent and bills, t","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IHT":"InnSuites Hospitality Trust","BK4218":"酒店及度假村房地产信托","BK4181":"酒店及度假村房地产投资信托"},"translate_title":"请教专家：我们付钱让成年子女住在家里。这会导致IHT责任吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IHT":1.5},"content_text":"Fidelity's Marianna helps consumers who are debating investing or reducing debt Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their adult children live at home could lead to a large IHT bill.Q: Our adult children live in our house. We pay for all food, utilities, council tax etc, but don’t charge any rent.  Is that an inheritance tax liability that should be recorded? It’s covered out of an annual withdrawal we from our Self-Invested Personal Pensions.A: It is very generous of you to let your adult children live at home, rent and bill-free.According to research from comparison site Compare the Market, it costs parents around £280 per month (or £3,400 per year) to have children aged 18 to 25 live at home, hardly an insignificant amount.\n\nIt would be understandably painful if that generosity were repaid with a large inheritance tax (IHT) bill upon your death. If your children were living by themselves instead and you were paying their rent and bills, that could potentially be the case. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIn that instance, you might be able to avoid a bill if you were making those payments out of your surplus income, and it did not impact your current lifestyle. However, you would need to keep scrupulous records to show HM Revenue & Customs you are legitimately claiming the ‘gifting from surplus income’ IHT allowance. In this case, they are living with you, and, for IHT purposes, that is a good thing.Technically, your food bill, utilities, and council tax are part of your regular household expenses. If you spend, say, £500 per month more on food and utilities because you have two adult children living at home, this is simply part of your expenses, and, if £500 is the number, this would naturally reduce the value of your estate by £6,000 per year. \n\nThis is not a formal IHT gift that needs to be recorded.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2606261956","isCrawlerRequest":true}