Inheritance Tax Act 1984 section 151D

Unauthorised payment where person dies over 75 with pension or annuity

Section 151D dealt with the inheritance tax treatment of unauthorised payments from registered pension schemes where the member died after reaching the age of 75 while in receipt of a pension or annuity, but it has been removed from the legislation.

• Section 151D addressed the inheritance tax consequences of unauthorised payments from pension schemes following the death of a member aged over 75.
• It applied specifically where the deceased had been receiving a pension or annuity at the time of death.
• The section was introduced by Finance Act 2008 as part of broader provisions on inheritance tax and pension savings.
• Section 151D was removed from the legislation with effect for deaths occurring on or after 6 April 2011, by Finance Act 2011.

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