Nil Inheritance Tax
for your kids if you die
before age 50
for your works and / private pensions
PENSION POTS LIABLE FOR INHERITANCE TAX FROM 2027
- Nil Inheritance Tax on your children if you die before age 50.
Background
..."government confirmed that if a person dies before the age of 55, rising to 57 in 2028, their pension pots will be subject to IHT from April 2027.
People in the industry described the move as “unreasonable”, “abhorrent” and “unbelievably unfair”.
Julia Peake, technical manager at Nucleus, said a consequence of the decision may be a change in people’s behaviour towards saving for their retirement.
“Some people may start looking at alternative savings instruments and opting out of auto enrolment schemes" works pensions.
Related Policies
