As we say goodbye to one UK pension
The pensions Lifetime Allowance and resulting tax charges was abolished under the UK’s 2023 Spring Budget. However, life is never simple with UK pensions and new tax-free limits are set to replace it. The March Budget only reduced the Lifetime Allowance charge to nil from April 6, 2023. HM Revenue and Customs (HMRC) has now published its draft legislation to
January 14, 2024