From 6 April 2024, the lifetime allowance (LTA) is changing. Here’s what you need to know about the new pension rules, including the three new allowances. Important information - This article isn’t ...
The lifetime allowance (LTA) used to cap the amount that workers could save into their pension tax-free at £1.073m. However, the LTA charge has been abolished entirely as of April 2024. Use the ...
The pension lifetime allowance has been scrapped in a surprise announcement by the chancellor Jeremy Hunt. As part of the Spring Budget, Hunt also hiked the £40,000 pension annual allowance to £60,000 ...
The Finance Bill published at the end of 2023 confirmed the government is pushing ahead with the abolition of the lifetime allowance (LTA) from 6 April. This is a very short and, I believe, ...
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