Autumn Statement: Treasury to backdate IHT drawdown exemption

Statement brings 'clarity' to the current situation

Jenna Towler
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The government will legislate to ensure assets left in pensions in drawdown will not attract inheritance tax (IHT) charges, according to Autumn Statement documents.

The government said it would ensure IHT liability will not arise when a pension scheme member designates funds for drawdown but "does not draw all of the funds before death". It added this chang...

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