The webinar focuses on the following topics:
How we got here, and what happens next
A simple look at how the current rules around pensions and inheritance tax came about, and what changes could be on the horizon.
What is included and what is not
Which pension benefits count towards inheritance tax and which ones are excluded – plus how rules differ for spouses or partners.
Working out the numbers
How the value is calculated and divided up when inheritance tax applies.
Who needs to deal with the tax?
Understanding who is legally responsible for reporting and paying any inheritance tax – and when it needs to be done.
How pensions and income tax work together
What to watch out for when inheritance tax and income tax both come into play.
Ways to pay the tax
The different payment routes. Whether it comes from the estate, the pension scheme, or directly from the people who inherit.
Sharing the right information
What details need to be passed between families, executors, and pension providers to make the process as smooth as possible.
TPG's James Hobbs also discusses:
What IHT reform means for your financial planning?
What action to take: the adviser perspective
