2025 Gift Tax Free. For 2025, this amount increases to. Starting january 1, 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024.
2025 ontario and canada benefit payment dates released — find out when you’ll receive the canada child benefit, odsp, cpp, gst/hst credit and more. With this change, in 2025, an individual may gift up to $19,000 to an unlimited number of recipients without federal gift tax consequences (meaning the gifts do not consume.