{"id":13193,"date":"2025-07-22T10:53:09","date_gmt":"2025-07-22T10:53:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/13193\/"},"modified":"2025-07-22T10:53:09","modified_gmt":"2025-07-22T10:53:09","slug":"govt-pushing-ahead-with-pensions-iht-in-bid-to-raise-1-5bn-a-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/13193\/","title":{"rendered":"Govt pushing ahead with pensions IHT in bid to raise \u00a31.5bn a year"},"content":{"rendered":"<p>Plans to apply inheritance tax (IHT) on pensions were confirmed by the government on Monday, despite numerous industry <a href=\"https:\/\/citywire.com\/new-model-adviser\/news\/iht-on-pensions-is-crazy-ian-mattiolis-message-to-rachel-reeves\/a2468842?utm_medium=website&amp;utm_source=citywire_nma&amp;utm_campaign=article-in-body\" data-link-type=\"article\" data-content-id=\"2468842\" data-delivery-target-code=\"web3__sections__new_model_adviser\" rel=\"nofollow noopener\" target=\"_blank\">warnings<\/a> over the plan.\u00a0<\/p>\n<p>From April 2027 IHT will be applied on unused pension funds and death benefits, with the government predicting this will raise around \u00a31.5bn a year by the 2029\/30 tax year.\u00a0<\/p>\n<p>Chancellor Rachel Reeves had first announced the intention to apply IHT to pensions in her Autumn Statement last year.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Plans to apply inheritance tax (IHT) on pensions were confirmed by the government on Monday, despite numerous industry&hellip;\n","protected":false},"author":2,"featured_media":13194,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-13193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/13193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=13193"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/13193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/13194"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=13193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=13193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=13193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}