Pensions and Inheritance Tax: What April 2027 Means for Your Estate

For decades, pensions have been one of the most effective ways to pass wealth to the next generation. Money left in a defined contribution pension has generally sat outside your estate for inheritance tax purposes — which is why many financially comfortable families have deliberately spent other assets first and preserved their pensions for their children. From 6 April 2027, …

Inheritance Tax Receipts Fall — But the Long-Term Direction Remains Clear

Published June 2026 — based on the latest HMRC monthly tax receipts bulletin The latest figures from HMRC show that Inheritance Tax receipts for May 2026 totalled £1.4 billion — around £37 million lower than the same month last year. April’s receipts were also down, coming in at £715 million, which was £65 million below the equivalent figure for the …

IHT receipts continue to climb ahead of 2027 pension changes

April – December 2025 saw Treasury net £6.6bn from estates Inheritance tax (IHT) receipts for April 2025 to December 2025 reached £6.6bn, a rise of £200m compared to the same period last year, latest HM Revenue & Customs (HMRC) figures show. The continued rise in tax take from IHT was deemed “unsurprising” by experts who predicted a surge from April …