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Contents

Official guidance
Inheritance Tax Manual

IHTM17000 · Pensions

  • IHTM17001 · Introduction
  • IHTM17011 · Examining form IHT409: initial examination
  • IHTM17012 · Examining the form IHT409: general factors to consider
  • IHTM17013 · Examining the form IHT409: boxes 1 to 7
  • IHTM17014 · Examining form IHT409: boxes 8 to 16
  • IHTM17015 · Examining form IHT409: boxes 17 to 24
  • IHTM17020 · Types of pension scheme: introduction
  • IHTM17021 · Types of pension scheme: registered pension schemes
  • IHTM17022 · Types of pension scheme: occupational pension and related schemes
  • IHTM17023 · Types of pension scheme: personal pension schemes
  • IHTM17024 · Types of pension scheme: Retirement annuity contracts (RACs)
  • IHTM17025 · Types of pension scheme: qualifying non-UK pension schemes (QNUPS)
  • IHTM17026 · Types of pension scheme: Section 615(3) schemes
  • IHTM17027 · Types of pension scheme: Employer-financed retirement benefit schemes (EFRBS)
  • IHTM17030 · Pension scheme benefits: what a pension scheme provides
  • IHTM17032 · Pension scheme benefits: divorce or dissolved civil partnership
  • IHTM17035 · IHT exclusions: contributions to a pension scheme
  • IHTM17036 · IHT exclusions: rights to a pension or annuity
  • IHTM17037 · IHT exclusions: omission to exercise a right
  • IHTM17038 · IHT exclusions: trust based schemes that are not relevant property
  • IHTM17039 · IHT exclusions: sponsored superannuation schemes
  • IHTM17041 · IHT charges: introduction
  • IHTM17042 · IHT charges: Contributions generally
  • IHTM17043 · IHT charges: contributions made whilst in ill-health
  • IHTM17044 · IHT charges: contributions to another person’s pension scheme
  • IHTM17051 · IHT Charges: death benefits introduction
  • IHTM17052 · IHT charges: general power over death benefits
  • IHTM17053 · IHT charges: death benefits cash options
  • IHTM17054 · IHT Charges: payments continuing after death
  • IHTM17055 · IHT charges: other payments
  • IHTM17056 · IHT Charges: protected rights up to 6 April 2012
  • IHTM17058 · IHT charges: Crown, local authorities and overseas governments
  • IHTM17059 · IHT charges: NHS and Social Care Coronavirus Life Assurance Schemes
  • IHTM17070 · IHT charges: lifetime transfers of death benefits
  • IHTM17071 · IHT charges: assignment of death benefits
  • IHTM17072 · IHT charges: transfers between pension schemes
  • IHTM17073 · IHT charges: gifts with reservation and statement of practice 10/86
  • IHTM17074 · IHT charges: unregistered schemes and gifts with reservation
  • IHTM17081 · Relevant property charges: introduction
  • IHTM17082 · Relevant property charges: employer-financed retirement benefits schemes
  • IHTM17083 · Relevant property charges: Status of funds after death but before payment
  • IHTM17084 · Relevant property charges: settlement of death benefits
  • IHTM17085 · Relevant property charges: identity of the settlor
  • IHTM17091 · Excepted group life policies: introduction
  • IHTM17092 · Excepted group life policies: Inheritance Tax treatment
  • IHTM17100 · Other provisions: introduction
  • IHTM17101 · Other provisions: Tax Bulletin
  • IHTM17102 · Other provisions: income drawdown
  • IHTM17103 · Other provisions: ABI guidance note
  • IHTM17104 · Other provisions: lifetime transfers
  • IHTM17106 · Other provisions: phased retirement plans
  • IHTM17107 · Other provisions: the Fryer case
  • IHTM17108 · Other provisions: the Parry case
  • IHTM17300 · Pensions between 6 April 2006 and 5 April 2011: introduction
  • IHTM17301 · Omission to exercise a right prior to 6 April 2011: introduction
  • IHTM17302 · Omission to exercise a right prior to 6 April 2011: no IHT charge
  • IHTM17303 · Omission to exercise a right prior to 6 April 2011: the legislation in detail
  • IHTM17304 · Omission to exercise a right prior to 6 April 2011: member in ill-health at commencement of income drawdown
  • IHTM17305 · Omission to exercise a right prior to 6 April 2011: examples of an actual pensions disposition
  • IHTM17306 · Omission to exercise a right prior to 6 April 2011: calculation of the charge
  • IHTM17307 · Omission to exercise a right prior to 6 April 2011: the Fryer case
  • IHTM17308 · Omission to exercise a right prior to 6 April 2011: the Parry case
  • IHTM17350 · Alternatively secured pensions: introduction
  • IHTM17500 · Scheme pensions and lifetime annuities: background
  • IHTM17600 · State Pension underpayments
  • IHTM17016 · Examining form IHT409: Boxes 25 to 42
  • IHTM17057 · IHT Charges: protected rights detail
  • IHTM17351 · Alternatively secured pensions: how ASP funds can be used
  • IHTM17352 · Alternatively secured pensions: IHT treatment for deaths between 6 April 2006 and 5 April 2007
  • IHTM17353 · Alternatively secured pensions: liability and accountability
  • IHTM17354 · Alternatively secured pensions: meaning of dependant and relevant dependant
  • IHTM17355 · Alternatively secured pensions between 6 April 2006 and 5 April 2007: position on the death of a scheme member
  • IHTM17356 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: position on the death of a relevant dependant or on ceasing to be a relevant dependant
  • IHTM17357 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: position on the death of a dependant not within IHTA84/S151B
  • IHTM17358 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: charge where surplus paid to employer
  • IHTM17370 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: procedure when an ASP charge arises - death of scheme member: charge under IHTA84/S151A
  • IHTM17371 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: procedure when an ASP charge arises: death of relevant dependant (or ceasing to be a relevant dependant): charge under IHTA84/S151B
  • IHTM17372 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: procedure when an ASP charge arises: death of relevant dependant other than under IHTA84/S151B - charge under IHTA84/S151C
  • IHTM17373 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: closing a case where no charge arises on the scheme member death
  • IHTM17374 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: accounts to be delivered where no charge arises on the scheme member’s death
  • IHTM17375 · Alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: excepted estates
  • IHTM17400 · Treatment of alternatively secured pensions from 6 April 2007- background
  • IHTM17401 · Treatment of alternatively secured pensions from 6 April 2007: consequences for Inheritance Tax position
  • IHTM17402 · Treatment of alternatively secured pensions from 6 April 2007: unauthorised payments (UP)
  • IHTM17403 · Treatment of alternatively secured pensions from 6 April 2007: interaction of the UP charge and the IHT charge
  • IHTM17404 · Treatment of alternatively secured pensions from 6 April 2007: changes to procedures for charge under IHTA84/S151A
  • IHTM17405 · Treatment of alternatively secured pensions from 6 April 2007: changes to procedures for charge under IHTA84/S151B
  • IHTM17406 · Treatment of alternatively secured pensions from 6 April 2007: changes to procedures for charge under IHTA84/S151C
  • IHTM17407 · Treatment of alternatively secured pensions from 6 April 2007: grossing up unused NRB
  • IHTM17408 · Treatment of alternatively secured pensions from 6 April 2007: example where IHT due first
  • IHTM17409 · A treatment of alternatively secured pensions from 6 April 2007: example where UP charge paid first
  • IHTM17410 · A treatment of alternatively secured pensions from 6 April 2007: example where UP charge paid first on part of ASP funds
  • IHTM17411 · Treatment of alternatively secured pensions from 6 April 2007: example where UP charge paid first on part of ASP funds but some NRB unused
  • IHTM17412 · Treatment of alternatively secured pensions from 6 April 2007: example where IHT due first - charge on relevant dependant’s death
  • IHTM17413 · Treatment of alternatively secured pensions from 6 April 2007: amendments to IHTA84/S151A-C
  • IHTM17414 · Treatment of alternatively secured pensions from 6 April 2007: no double charge under IHTA84/S151A and IHTA84/S151C
  • IHTM17450 · Treatment of alternatively secured pensions from 6 April 2007: pension scheme rules for members who cannot be traced
  • IHTM17451 · Treatment of alternatively secured pensions from 6 April 2007: the Inheritance Tax position on pension scheme rules for members who cannot be traced
  • IHTM17501 · Scheme pensions and lifetime annuities: tax charges
  • IHTM17502 · Scheme pensions and lifetime annuities: calculation of the tax charge on scheme pensions
  • IHTM17503 · Scheme pensions and lifetime annuities: liability and accountability
  • IHTM17504 · Pensions on or after 6 April 2006: scheme pensions and lifetime annuities: examples
  • IHTM17505 · Scheme pensions and lifetime annuities: more examples
  1. Pensions: contents
  2. Pensions: IHT charges: Contributions generally

IHTM17042 | Pensions: IHT charges: Contributions generally

From HM Revenue & Customs · Inheritance Tax Manual

Generally, when a person makes a contribution to a pension scheme, they do not make a transfer of value because the pension rights they acquire by making the contribution are within their estate.

There are two situations where contributions may result in a lifetime transfer;

  • the transferor contributes to their own pension scheme whilst in ill-health and the death benefits are payable outside the estate (IHTM17043), or

  • the transferor contributes to a pension scheme for someone else (IHTM17044)

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