John Healey new rules for people with 'significant' pension wealth from 2027

NewsCost Of LivingYour Money67% charges coming09:51, 10 Aug 2026Rule changes to HMRC inheritance tax under Labour Party government Chancellor John Healey threaten to hammer high net worth individuals (HNWI), it has been warned.‌These people could face combined income and inheritance tax (IHT) exposure of up to 67 per c

His Majesty's Revenue and Customs has explained the tax rules that apply to couples

The Prime Minister is reported to be looking again at the issue - and a minister has outlined new government thinking in an interview

I am proud Prime Minister, Andy Burnham has asked me to serve as Chancellor. Driving economic growth and opportunity in Yorkshire and in every postcode across the country will be this government’s priority.