Lords warn pensions inheritance tax changes risk overwhelming personal representatives
Peers have warned that the government’s proposed inheritance tax reforms covering pensions could place an unrealistic and potentially unmanageable burden on personal representatives, creating widespread delays, cashflow pressures and legal risk for those administering estates. In a report published today, the House of Lords Economic Affairs Finance Bill Sub-Committee examined the tax administration and practical implications of measures in the government’s Draft Finance Bill 2025–26. The inquiry focused on changes to the inheritance tax (IHT)...










