Below you'll find a list of all posts that have been tagged as “Inheritance tax”
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, …
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 …
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 …
IHT revenue on track for ‘another record-breaking year’ The Treasury is on track for another record-breaking year of revenues from inheritance tax (IHT) as receipts for April to September hit £4.4bn, which is £100m higher than the same period last year. The increase represents an increase of 2.3 per cent, according to analysis from Evelyn Partners. Evelyn Partners head of …
The measure will bring unused pension funds and death benefits into the scope of inheritance tax from April 2027. The government has confirmed that it will bring most unused pension funds and death benefits into scope of inheritance tax from 6 April 2027, despite growing concerns from the pensions industry. First announced during the 2024 Autumn Budget, the draft legislation means that …
Unused pension funds will fall under IHT scope from April 2027 The government is ploughing on with its plans to bring unused pension funds into the realm of inheritance tax (IHT) despite a “deluge of criticism” from industry practitioners during a consultation phase during which they put forward alternative options. The Treasury has today (22 July) released draft legislation to bring undrawn …
