To ask the Chancellor of the Exchequer, whether she plans to provide support to people affected by the inclusion of unused pension funds in Inheritance Tax calculations from April 2027.
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. Estates will benefit from the normal nil-rate bands, reliefs, and exemp...
Pension Funds: Inheritance Tax