Written Question·Treasury·UIN 55099
Pensions: Inheritance Tax and Probate
Tabled: 30 May 2025
Answered: 9 June 2025
Question
Mary Kelly Foy
Labour — City of Durham
To ask the Chancellor of the Exchequer, whether she has assessed the potential impact of making pensions subject to (a) inheritance tax and (b) probate on bereaved families.
Answer
James MurrayMost unused pension funds and death benefits will be included within the value of a person’s estate for inheritance tax purposes from 6 April 2027. This removes distortions resulting from changes that have been made to pensions tax policy over the last de...
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