Pensions may face inheritance tax from 2027
Pensions will no longer be exempt from inheritance tax starting in April 2027. This change affects how estates are valued for tax purposes.
Why it matters
Those with significant pension savings may face higher tax bills when passing on assets.
Key facts
- expires
- April 2027
Taken from the source as published — check the details before acting on them.
Tax calculation change
From 2027, the value of pensions will be included in the total estate for inheritance tax calculations.
Common questions
When does the inheritance tax change take effect?
The change will take effect in April 2027.
What happens to pensions after 2027?
Pensions will be included in the calculation of inheritance tax starting in 2027.
Sources
- Will you be affected when pensions come under the scope of inheritance tax? By James Rowe, Which? News · which.co.uk
Headlines and links belong to the publishers listed above. The summary above is written by The Savings Brief; see how this works.
