{"id":491116,"date":"2026-06-23T06:53:10","date_gmt":"2026-06-23T06:53:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/491116\/"},"modified":"2026-06-23T06:53:10","modified_gmt":"2026-06-23T06:53:10","slug":"inheritance-tax-pension-pots-and-deprivation-of-assets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/491116\/","title":{"rendered":"Inheritance tax, pension pots and deprivation of assets"},"content":{"rendered":"<p>Pension tax changes could leave families facing huge care home bills if they do not undertake careful inheritance tax (IHT) planning with deprivation of assets a clear risk, warns Lisa Morgan, partner at Hugh James<\/p>\n<p>The overhaul of pension tax will see unused defined contribution pension pots become subject to inheritance tax (IHT) from April 2027.<\/p>\n<p>The move has prompted a surge in older people withdrawing large sums from pensions and gifting money to children and grandchildren in an attempt to reduce future tax bills.<\/p>\n<p>But councils are becoming far more aggressive in investigating whether people have deliberately given away assets to avoid paying for care, known as deprivation of assets.<\/p>\n","protected":false},"excerpt":{"rendered":"Pension tax changes could leave families facing huge care home bills if they do not undertake careful inheritance&hellip;\n","protected":false},"author":2,"featured_media":491117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246184,246,201791,111,139,69,246185,244,245,75413],"class_list":["post-491116","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-deprivation-of-assets","tag-finance","tag-inheritance-tax-iht","tag-new-zealand","tag-newzealand","tag-nz","tag-pension-pot-taxation","tag-personal-finance","tag-personalfinance","tag-social-care"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/491116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=491116"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/491116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/491117"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=491116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=491116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=491116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}