Deferred pension fund inheritance tax implications (Fryer v Revenue and Customs Commissioners)

Table of contents

• Original news
• What were the facts?
• What legal principles applied?
• What was decided?
• What are the practical implications of this case?

Article summary

In Fryer and others (personal representatives of Arnold (deceased)) v Revenue and Customs Commissioners, the First Tier Tribunal held that an omission to take an occupational pension followed by death shortly afterwards, would result in a disposition of value for the purposes of the Inheritance Tax Act 1984, s 3(3).