Petition · HM Treasury

Exempt inheritance invested into pension funds from inheritance tax

Closed 82 signatures

What the petition asks

We call on the UK Government to review current inheritance tax rules in the context of ongoing pension reform and the challenges facing working-age people today.

We propose that individuals should be able to invest their full inheritance into a pension fund without incurring inheritance tax.
With people living longer and the cost of living at record highs, many individuals are struggling to save adequately for retirement. At the same time, inheritances, often built through a lifetime of taxed income and asset growth, are subject to further taxation upon transfer. We think this future facing reform would promote long-term saving and intergenerational investment and encourage greater financial independence reducing pressure on the state pension system.

Timeline

14 Aug 2025 Petition opened for signatures
14 Feb 2026 Closed to new signatures

Key facts

Signatures 82
Status Closed
Department HM Treasury
Opened 14 Aug 2025
Closed 14 Feb 2026

Follow this petition

Sign in to get an email when the government responds, a debate is scheduled or held, or the petition closes.

Source: the official petition page. Last checked 15 Aug 2026.