Labour drops plans to reintroduce lifetime allowance
The party had previously planned to bring back the LTA, which was scrapped in the 2023 Spring Budget
Lifetime Allowance
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Autumn Statement 2023: Key takeaways
Key Points of Autumn Statement
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Autumn Statement 2023: LTA abolition still set for April
Comments released today revealed a change in the plan is not on the table
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What might be in store for personal taxation under a Labour government?
As shadow chancellor Rachel Reeves indicated several measures the party will and won’t implement
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Brits may pay income tax when inheriting untouched pension pots
As the government considers new rules to replace the pensions lifetime allowance
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Pension savings increase following LTA scrapping
Some 23% of higher rate taxpayers are delaying retirement to save more
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Global wealth firm sets up expat LTA advice service
Removing the lifetime allowance cap has ‘significant repercussions for those saving towards retirement’
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Advisers expect the lifetime allowance to be reintroduced
Industry has been caught in the middle of a ‘political spat’, says AJ Bell
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HMRC U-turns on pension death payments revamp
UK taxman has returned to its previous approach following industry concerns
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Will political shifts in the UK reverse pension tax changes?
Advisers might have to act quickly before government is voted out
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UK unveils LTA protection changes in Finance Bill
AJ Bell says ‘devil is in the detail’
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HMRC hands lifeline to Brits with LTA protection
AJ Bell says abolishing the lifetime allowance ‘comes with a nasty sting in the tail’ for others