UKPersonalFinance: Getting your pounds in order

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Father in law wants me to look after some money. What are my tax implications. (lemmit.online)

submitted 1 year ago by bot@lemmit.online to c/ukpersonalfinance@lemmit.online

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The original was posted on /r/ukpersonalfinance by /u/cdoc365 on 2023-08-11 15:00:36.

I have some savings myself and I will be easily under the £1000 allowance. Father in law wants me to manage £50k of his money, he trusts me and I'm tge executor of his will and will do what he asks. How will managing that in my name affect me?

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