Inheritance Tax Budget 2024 Pensions. The move came alongside an array. From 6 th april 2027, pensions will form part of the iht calculation, and we understand that the pension provider will be responsible for reporting and paying any inheritance tax due.
One key point from the budget which was glossed over by rachel reeves is that inherited pensions will be subject to inheritance tax from april 2027. Aj bell boss tells chancellor that ‘complex and costly’ budget proposal will ‘undermine’ retirement savings system