Elderly farmers who live past 75 could be charged over 65% in tax

NFU Mutual said farmers who die after age 75 could see a total tax charge of 67% following the Autumn Budget, with pensions set to be included in the Inheritance Tax calculation from April 2027

clock • 4 min read
Chancellor Rachel Reeves | Credit: Kirsty O'Connor/HM Treasury
Image:

Chancellor Rachel Reeves | Credit: Kirsty O'Connor/HM Treasury

More farmers are seeking advice on their pension pots following changes in the Autumn Budget which will bring unspent pensions and death benefits within the scope of Inheritance Tax from April 2027...

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