Pensions and inheritance tax
Get the latest pensions and inheritance tax (IHT) updates straight from our technical experts – helping you navigate the wilderness of change with clarity.
The latest from our experts
IHT changes from April 2027
The coming changes will fundamentally affect the way death benefits are treated for tax, and how personal representatives have to deal with pension schemes.
Understand what this means in practice, and what steps you can take now to avoid the potential problems that may arise. This update covers:
- the position following the finance bill published in December 2025;
- when personal representatives can force pension schemes to withhold death benefits;
- how IHT can be paid on pensions; and
- how income tax reclaim works when IHT is paid from outside the pension.
Pensions and IHT: a minor win for executors, a missed opportunity for HMRC
See what’s changing from April 2027, and why it matters for personal representatives (PRs). Areas covered in more detail include:
- new powers that could ease the burden on PRs;
- practical issues to watch out for; and
- next steps you can take to stay prepared.
- how income tax reclaim works when IHT is paid from outside the pension.
Making the most of the gifts out of income exemption
Gifts out of income that are part of normal expenditure will be exempt from IHT – regardless of how long before death the gifts were made. In this guide we explain:
- what ‘normal expenditure’ means;
- the importance of record keeping; and
- how to claim the exemption.
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What our experts have to say
The most up-to-date articles on this topic, directly from our in-house Technical Team.
Understanding the IHT treatment of pension gifting
Pensions and IHT: time’s running out for thoughtful legislation
Passing on wealth: how IHT changes will affect pension planning
Make the most of our Techcentre
To keep your finger on the pulse of the ever-changing regulatory and legislative landscape with the help of our Technical experts
Navigate the IHT shake-up with expert insight
Connect 2026
Various
28 July & 30 July
Our Connect sessions are designed to help paraplanners and adviser support staff expand their technical pensions and investment knowledge.