Pensions tax is never simple, and the legislation abolishing the lifetime allowance (LTA) on 6 April 2024 (“L-Day”) bears this out. Regulations issued mid-March correct some, but by no means all, of ...
From 6 April 2024, the LTA will be abolished and a new regime for the taxation of lump sums and lump sum death benefits will be introduced. This is the most significant change to the UK pensions tax ...
ACA said in its reply to the Revenue’s consultation, that October should be a deadline it focuses on if the delivery of the new policy is to be practical. It is essential that key policy decisions ...
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