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You can gift up to £3,000 tax-free in a UK tax year, and you can also give way to civil partnership and wedding gifts where the limit is up to £1,000 per person. One can gift £2,500 for a grandchild and £5,000 for a child.
One can give some regular sum of the money from their income to get exemption in the gift tax UK. £3,000 'gift allowance' in a year is called the annual exemption.
One can gift up to $15000 in a year to one individual, and there is no limit on the number of the recipient but the lifetime exemption for gifting is $11.58 million (as per IRS). This means one can give up to £3,000 tax-free, in a year, without it being added to the inheritance tax allowance.
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