Say NO to Inheritance Tax on Pensions - Say no to taxing our young!!
Remove Inheritance Tax on Pensions. All of the last few governments know Pensions are under funded. Allowing the pensions to be passed on helps future generations fund for their retirement. In addition the Government can take their income tax throughout
Signatures
21
signatures
Government response threshold (10,000) · 21/10,000
Debate threshold (100,000) · 21/100,000
- 16 DEC 2024Petition rejectedduplicate
You may wish to sign: Do not change inheritance tax rules for pensions https://petition.parliament.uk/petitions/700306
- 24 NOV 2024Petition created
Background
Stop Inheritance Tax on Pensions because we already pay income tax on pensions as will our children. But putting Inheritance tax on Pensions means that the next generation could pay 67% tax on an inherited pension
In summary the total tax on your pension if your estate is subject to inheritance Tax is 67% if you die after age 75. This is a tax on the younger generation. SAY NO to INHERITANCE TAX ON PENSIONS SAY NO TAXING our young.