However, there are a few staples that small business owners should be aware of to make the most of their pension planning. 2027 changesHistorically, unused pension funds have been separate from the estate for IHT, so many owners were advised to spend other assets first and preserve their pension for the next generation. However, from April 6, 2027, most unused pension funds and death benefits willbe brought into the estate for IHT. Still usefulPensions remain one of the most valuable tax planning tools available for business owners, but the changes mean their role is evolving. Review things regularly, keep a healthy reserve for the day-to-day, and then consider if pension contributions are your best course of action.