Rejected petition: Reverse the planned inclusion of unused pension funds in IHT calculations.
Rejected on
We call on the Government to reverse its decision to include unused private pensions and death benefits in estate valuations for Inheritance Tax from April 2027. Millions saved for years believing pots were exempt. Taxing them penalises prudent savers, risks double taxation, and undermines trust.
We call on the Government to reverse its decision to include unused private pensions and death benefits in estate valuations for Inheritance Tax from April 2027.
Individuals saved for decades understanding pensions were exempt from IHT. Bringing unused funds into scope penalises prudent savers and risks double taxation. This disproportionately impacts middle-income families who built reserves for dependants. Retaining the exemption is vital to protect trust in long-term retirement planning.
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/761152
We only reject petitions that don’t meet the petition standards.