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Inheritance Tax and your pension, for business owners

Inheritance Tax and your pension, for business owners

Craig Simpson, Tax Partner at Bates Weston, considers the impact the Government’s proposed changes in the treatment of pensions for Inheritance Tax purposes will mean for business owners, and what can be done to prepare for them.

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Inheritance Tax on your pension

Inheritance Tax on your pension

Unused pension schemes will attract Inheritance Tax on death from 6 April 2027. Craig Simpson, Tax Partner at Bates Weston looks at the changes and the impact on the tax burden on your estate and beneficiaries.

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