Скачать или смотреть 7 Things You Should Know About Inheritance Tax Changes & Your Pension (UK 2027 Update)

00:00 - 7 Things You Should Know About Inheritance Tax Changes & Your Pension (UK 2027 Update)
04:10 - Labour's U-Turn: Inheritance Tax Changes for Military Families Abandoned
08:04 - Middle Class Inheritance Tax Crisis: What You Need to Know

1. 7 Things You Should Know About Inheritance Tax Changes & Your Pension (UK 2027 Update)

Are you or your loved ones ready for the big inheritance tax changes coming to pensions in the UK?

Starting April 2027, unused pension funds will be included in your estate for Inheritance Tax (IHT) – potentially impacting thousands of families. In this video, we’ll break down the seven key facts you MUST know about the new IHT rules and how they affect your pension and estate planning.

We’ll explain:
What counts as unused pension and how it will be taxed at 40% if your estate exceeds the IHT threshold.
Who is responsible for reporting and paying IHT on pensions after death, and the new administrative burdens for families.
Which death benefits remain exempt, and important details about annuities still awaiting clarification.
New options if your estate can't pay the IHT bill on pension wealth.
How many estates will be affected, and why most people won’t pay – but some could face a much bigger tax bill.
The possibility of paying BOTH IHT and income tax on money inherited from a pension if the deceased was over 75.
Practical advice on what you can do NOW to plan ahead and protect your family's inheritance.

Stay informed and take action now to secure your financial future! Whether you’re a pension saver or a potential beneficiary, understanding these changes is essential for effective estate planning.

Keywords: inheritance tax, IHT, pension changes, UK pensions, estate planning, 2027 pension tax, death benefits, annuity, income tax, personal representatives, probate, financial planning UK.

2. Labour's U-Turn: Inheritance Tax Changes for Military Families Abandoned

In a significant policy reversal, Rachel Reeves has decided against imposing new inheritance tax changes that would have affected grieving military families. This video explores the implications of the abandoned proposal, which would have taxed death in service payments for unmarried partners of Armed Forces members. We discuss the reactions from military organizations, the impact on trust within the Armed Forces community, and what this means for service personnel moving forward. Join us as we break down the details of this controversial decision and its broader implications for military families in the UK.

3. Middle Class Inheritance Tax Crisis: What You Need to Know

The UK government is imposing inheritance tax on pensions starting 2027, creating a major headache for middle-class families. This change could push tens of thousands into paying up to 90% tax on inherited pensions, doubling the number of estates subject to the tax. Learn how this affects your finances, the administrative burden on families, and strategies like estate planning to mitigate the impact. Key points include the 6-month deadline for processing, double taxation risks, and rising costs for financial advisors.

The move threatens to leave many middle-income earners with a double tax hit, as pensions are now counted in estates. Experts warn of complex paperwork and potential delays in accessing funds. Solutions like life insurance in trusts and gift inter vivos policies are emerging as tools to protect heirs. The Treasury insists the policy aims to encourage retirement savings, but critics argue it unfairly targets savers.

Stay informed about the £1 million tax-free allowance, the role of executors, and how to navigate the new rules. This guide explains the implications for pension holders, beneficiaries, and those planning their estates.