IHT plan
Pension in estate
Before vs after 6 April 2027
| Scenario | Net estate | NRB | RNRB | Taxable | PET tax | Total IHT |
|---|---|---|---|---|---|---|
| Pension out (current rules) | £1,150,000.00 | £650,000.00 | £350,000.00 | £0.00 | £0.00 | £0.00 |
| Pension in (from 6 Apr 2027) | £1,550,000.00 | £650,000.00 | £350,000.00 | £0.00 | £0.00 | £0.00 |
| Delta | £400,000.00 | — | −£0.00 | — | — | £0.00 |
Primary death date 2027-04-06 · rate on death estate: 36% (charity ≥10% of baseline)
Ordered next steps
- Death date 2027-04-06 is on/after 6 Apr 2027 — unused pension (£400,000) is modelled inside the estate.
- IHT under current rules (pension out): £0.00 · under Apr 2027 rules (pension in): £0.00 · delta £0.00.
- Charitable legacy meets the ≥10% baseline test — death-estate rate modelled at 36%.
- List every registered pension arrangement for personal representatives — from Apr 2027 they must value notional pension property and report it with the estate.
- Review spouse/civil-partner exemption and transferable NRB/RNRB on the surviving partner’s death; unused bands transfer only if claimed.
- Before changing nominations, withdrawals or gifting, take regulated financial and legal advice — this tool does not model Income Tax on pension death benefits or trust structures.
- Keep a dated share of this plan for your adviser or executor, and re-check after the Autumn Budget or any HMRC guidance update.
Educational illustration only — not tax, legal or financial advice. Real estates involve Business/Agricultural Relief, deed variations, trusts, domicile, and scheme-specific death benefits. Death-in-service benefits from registered schemes remain outside IHT. Confirm figures with a regulated adviser or solicitor before acting.