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There are two main wedding anniversary gift lists commonly known. The traditional wedding anniversary gifts and the modern anniversary list. There are also flowers and gemstones associated with each year. People have been getting married since the beginning, and people also love to create traditions. Therefore the traditional wedding anniversary gift list was born.
Exempted gifts. You can give away Â£3,000 worth of gifts each tax year (6 April to 5 April) without them being added to the value of your estate. This is known as your âannual exemptionâ. You can carry any unused annual exemption forward to the next year - but only for one year. Each tax year, you can also give away: 1  wedding or civil ceremony gifts of up to Â£1,000 per person (Â£2,500 for a grandchild or great-grandchild, Â£5,000 for a child) 2  normal gifts out of your income, for example Christmas or birthday presents - you must be able to maintain your standard of living after making the gift.