Submitted on Monday 25th November 2024
Rejected on Monday 23rd December 2024
Current status: Rejected
Rejection code: duplicate (see below for details)
STOP the IHT raid on private pension funds. Government need to rethink quickly.
The Chancellor announced IHT will be added to pension savings after 2027 in the budget.
This will increase the number of households falling into this Tax on death. After years of saving for retirement and encouraged to do so by previous Government tax relief.
To reconsider the Budget statement and offer a more Equitable arrangement a fairer tax regime regarding IHT. The farmers have had much publicity. Equally unfair is IHT of private pension savings Being able to leave money to dependents is threatened with 40% IHT on estate probate over the threshold already limited to £325k. This is particularly difficult for older pension savers now distressed that by saving they're not going to leave monies as intended. Cancel or adjust.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
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.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign this petition which calls for the same action: petition.parliament.uk/petitions/700306
18.119.135.67 Tue, 24 Dec 2024 18:46:10 +0000
