questionText: To ask the Chancellor of the Exchequer, with reference to paragraph 5.52 of the Autumn Budget 2024, published on 30 October, what assessment she has made of the potential impact of changes to inheritance tax on Death in Service awards for surviving spouses of military personnel.
answerText: Most 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.Transfers to spouses and civil partners are exempt from inheritance tax. This means death benefits paid to s...
heading: Armed Forces: Inheritance Tax