Pensions: Inheritance Tax

Summary

To ask the Chancellor of the Exchequer, pursuant to Question 121253, what assessment has been made of the potential impact on beneficiaries of them paying a net tax rate of 68% when the pension holder passes away after the age of 75 resulting in a 40% inh

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Timeline

1. 21 April 2026

   Written question

   To ask the Chancellor of the Exchequer, pursuant to Question 121253, what assessment has been made of the potential impact on beneficiaries of them paying a net tax rate of 68% when the pension holder passes away after the age of 75 resulting in a 40% inh

   Source: Commons

2. 28 April 2026

   Answer

   More than 90 per cent of UK estates will continue to have no inheritance tax liability in 2030-31 following the reforms to the inheritance tax treatment of pensions. The reforms will only affect a minority of those with inheritable pension wealth. Income ...

   Source: Written answer

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• · Treasury · Answering body

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