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Treasury Consultation

03/12/2024

We recently circulated an email outlining key updates from the October Budget, including significant changes that could impact pensions.

If you missed it, you can still access the full details by clicking the link below:

We would also like to remind you that there is a Treasury consultation on the proposed changes which runs until the 22nd January 2025.

Details are available at: Technical consultation – Inheritance Tax on pensions: liability, reporting and payment – GOV.UK

We will be submitting our response to the consultation, and you are welcome to do so as well if you wish. After this, a further technical consultation on the draft legislation will take place.

We will provide further updates as and when we can, including information on the next consultation regarding the draft legislation.