Rejected petition Residual private pensions should not be subject to inheritance tax.

We call upon the chancellor to reverse the decision to subject residual private pension savings to inheritance tax..

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This is because the beneficary pays income tax on the funds that are bequeathed to them. This means double taxation which is grossly unfair.

This recent decision will also discourge people from saving into pensions at a time when too few people are saving enough for their retirement and therefore are putting more burden on the state.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/700306

We only reject petitions that don’t meet the petition standards.

Date submitted 1 February 2025
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