Written Question·Treasury·UIN 14298
Workplace Pensions: Inheritance Tax
Tabled: 14 November 2024
Answered: 22 November 2024
Question
John Glen
Conservative — Salisbury
To ask the Chancellor of the Exchequer, with reference to paragraph 5.52 of the Autumn Budget 2024, HC 295, whether the application of inheritance tax to unused pension funds and death benefits will apply to the pension scheme established under The Pensio
Answer
Darren JonesAs 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 purposesThis change will apply to all UK registered pension schemesThe impact thi...
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