HMRC has published further guidance on the impact of the abolition of the lifetime pension allowance (LTA) in its latest newsletter on pension schemes.
Some of the changes relate to the charges applying when individuals transfer their pension savings to a qualifying recognised overseas pension scheme after 6 April 2024.
A transitional tax-free amount certificate (TTFAC) may be revoked where it is found to be incorrect.
If a relevant benefit crystallisation ...
Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@eprivateclient.com
2023 eprivateclient 50 Most Influential named as global law firm's London private wealth head
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAMeprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.
Read more
