The lifetime allowance was the limit someone could build up in their pension without attracting a tax charge · BrianAJackson via Getty Images After months of speculation, it looks like the lifetime ...
When someone retires, the amount crystallised on a ‘benefit crystallisation event’ will show if they are breaking through the lifetime allowance of £1m, but some can avoid that by protecting a higher ...
Chancellor Jeremy Hunt has abolished the pensions lifetime allowance in a bid to boost economic growth. In the Budget statement today (15 March), Hunt announced the measure that shocked many in the ...
Chancellor Jeremy Hunt will abolish the pensions Lifetime Allowance in a bid to retain GPs and other doctors, he announced as part of today’s Spring Budget. He said this formed part of a ...
WHEN it was introduced by the Labour Government in 2006, the lifetime allowance was supposed to work as a tax on the pensions of the rich. Initially set at £1.5 million, the allowance was meant to be ...
Changes to allowances will take effect in April – Aries Insight's Ian Neale explains what they mean and who will be affected. At different times from A-Day (April 6 2006), new forms of protection have ...
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