A question on #Pensions #InheritanceTaxAndProbate tabled by Mary Kelly Foy on 30-05-2025 has been answered by James Murray.

Heading: Pensions: Inheritance Tax and Probate
Question ID: 1806666
UIN: 55099
House: Commons
Date tabled: 2025-05-30
Asking Member ID: 4753
Asking Member display name: Mary Kelly Foy
Asking Member handle:
Asking Member Twitter reference: Mary Kelly Foy
Member interest: false
Question text: To ask the Chancellor of the Exchequer, whether she has assessed the potential impact of making pensions subject to (a) inheritance tax and (b) probate on bereaved families.
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