Foster Child Relief

Gifts and inheritances taken from other individuals fostered by the same foster parent

The Group B threshold is available on gifts and inheritances taken from other individuals fostered by the same foster parent. The relief will apply where one or both of the following conditions is met:

Condition 1

The beneficiary and the person who provided the gift or inheritance were placed in the foster care of the same person under:

• the Child Care (Placement of Children in Foster Care) Regulations 1995
• or
• the Child Care (Placement of Children with Relatives) Regulations 1995

The beneficiary must have taken the gift or inheritance on, or after, 18 December 2023.

The relief will apply even if the foster placements occurred at different times.

Condition 2

The beneficiary and the person who provided the gift or inheritance, while under the age of 18:

• each resided with the same person for at least 5 years in total
• and
• were each maintained and cared for by the person at the person’s own expense

The beneficiary must have taken the gift or inheritance on, or after, 18 December 2023.

The relief will apply even if the foster placements occurred at different times.

Next: How to claim the relief