How Might Business Succession Strategies Need to Change to Accommodate Unspent Pensions in Inheritance Tax Calculations?

I have a £550,000 pension at 65, but want to limit my inheritance tax bill

The rules around pensions and inheritance tax are changing in April

Kemi Badenoch confirms Tories looking at ways to scrap inheritance tax

The Tory leader has confirmed for the first time that she has asked her team to look for 'fiscally responsible ways' in which inheritance tax could be scrapped.

How might business succession strategies need to change to accommodate unspent pensions in Inheritance Tax calculations?

Inheritance Tax (IHT) has become an increasing concern for business owners as frozen thresholds and rising asset values continue to pull more estates into scope. With unspent pension pots and certain death benefits expected to be included in IHT calculations from April 2027, succession plans may need to be revisited sooner rather than later. While […]

A U.K. Inheritance-Tax Pledge Is Not Policy Yet; the 2027 Pension Change Is

Britain has not abolished inheritance tax, and no bill is on the table to do so. Reports that Conservative leader Kemi Badenoch is considering an abolition pledge open a political debate; they do not change the tax due under current law or the pension rules taking effect next April. The distinction is important for families…

Debbie Seaton: Could self-invested pensions be part of the IHT solution?

Inheritance tax is rarely far from the headlines at present, with changes to Business and Agricultural Property Relief and, from April 2027, most unused Inheritance tax is rarely far from the headlines at present, with changes to Business and Agricultural Property Relief and, from April 2027, most unused pension funds and death benefits being brought within the value of an individual’s estate for IHT purposes.