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Residual private pensions should not be subject to inheritance tax.

Submitted on Saturday 1st February 2025

Rejected on Thursday 27th March 2025

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Residual private pensions should not be subject to inheritance tax.

Petition Details

We call upon the chancellor to reverse the decision to subject residual private pension savings to inheritance tax..

Additional Information

This is because the beneficary pays income tax on the funds that are bequeathed to them. This means double taxation which is grossly unfair.

This recent decision will also discourge people from saving into pensions at a time when too few people are saving enough for their retirement and therefore are putting more burden on the state.


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This petition was rejected

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 a similar action: petition.parliament.uk/petitions/700306

Have your say on this petition!

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