{"id":72304,"date":"2023-10-12T07:51:48","date_gmt":"2023-10-12T06:51:48","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=72304"},"modified":"2023-10-12T07:51:48","modified_gmt":"2023-10-12T06:51:48","slug":"the-taxing-wealth-report-2024-abolishing-the-inheritance-tax-exemption-on-some-funds-retained-in-pension-arrangements-at-the-time-of-a-persons-death-might-raise-1-3-billion-a-year","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/10\/12\/the-taxing-wealth-report-2024-abolishing-the-inheritance-tax-exemption-on-some-funds-retained-in-pension-arrangements-at-the-time-of-a-persons-death-might-raise-1-3-billion-a-year\/","title":{"rendered":"The Taxing Wealth Report 2024: abolishing the inheritance tax exemption on some funds retained in pension arrangements at the time of a person’s death might raise \u00a31.3 billion a year"},"content":{"rendered":"

I have this morning published the next in my series of proposals that will make up the\u00a0Taxing Wealth Report 2024<\/a>.<\/p>\n

In this latest note<\/a>, I suggest that the inheritance tax exemption for funds that can be retained in a pension fund at the time of a person's death should be abolished. There is no logical reason why these funds should be capable of being passed to a person's heirs free of tax in some circumstances, most especially when they have already been accumulated tax free.<\/p>\n

\"\"<\/p>\n

The summary of this report<\/a> says:<\/p>\n

Brief summary<\/strong><\/span><\/p>\n

This note suggests that:<\/p>\n