Birdwatch Note Rating
2023-09-24 15:30:58 UTC - HELPFUL
Rated by Participant: 48614F80D962A2CDD9DFFFF2DBA51DB1129F3BF1E4DA1BA06B5AA994D85CB68B
Participant Details
Original Note:
22% of pensioners have assets over £1m, but half of those assets are in pensions, which are usually exempt from inheritance tax. See https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/totalwealthingreatbritain/april2018tomarch2020#:~:text=Wealth%20components%20median%20by%20household%20total%20wealth%20decile%2C%20Great%20Britain%2C%20April%202018%20to%20March%202020 and https://www.standardlife.co.uk/retirement/guides/pension-inheritance-tax#:~:text=Inheritance%20Tax%20usually%20doesn%27t%20apply%20when%20you%20pass%20on%20your%20pension%20pot.
All Note Details