A question on #Pensions #InheritanceTax tabled by Neil Duncan-Jordan on 30-05-2025 has been answered by James Murray.

Heading: Pensions: Inheritance Tax
Question ID: 1807456
UIN: 55889
House: Commons
Date tabled: 2025-05-30
Asking Member ID: 5359
Asking Member display name: Neil Duncan-Jordan
Asking Member handle:
Asking Member Twitter reference: Neil Duncan-Jordan
Member interest: false
Question text: To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a flat-rate 20% inheritance levy on unused pension funds.
Is named day: false
Date of holding answer:
Date answered: 2025-06-09
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4797
Answering Member display name: James Murray
Answering Member handle: jamesmurray_ldn
Answering Member Twitter reference: @jamesmurray_ldn
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Most unused pension funds and death benefits will be included within the value of a person’s estate for inheritance tax purposes from 6 April 2027. This removes distortions resulting from changes that have been made to pensions tax policy over the last de...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true