Submitted on Sunday 24th November 2024
Rejected on Monday 16th December 2024
Current status: Rejected
Rejection code: duplicate (see below for details)
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
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.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
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Do not change inheritance tax rules for pensions
petition.parliament.uk/petitions/700306
13.58.245.158 Tue, 24 Dec 2024 18:53:44 +0000
