Written Question·Treasury·UIN 44419

Inheritance Tax

Tabled: 7 April 2025

Answered: 28 April 2025

Question

Andrew Rosindell

To ask the Chancellor of the Exchequer, whether life insurance policies written in trust will be subject to taxation following the changes made to Inheritance Tax rules at the Autumn Budget 2024.

Answer

James Murray

As announced at Autumn Budget 2024, from 6 April 2027 most unused pension funds and death benefits will be included within the value of a person’s estate for inheritance tax purposes. No changes were announced to the taxation of life assurance policies wr...

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