answers to frequently asked questions on topics including lump sums, reporting requirements, overseas transfer allowance, protections and enhancement factors, and transitional arrangements (including a note on potential changes to the new FA 2024 Sch 9 legislation);
transitional tax-free amount certificates, including further information on reporting required by FA 2024 Sch 9 para 130; and
confirmation that the ‘permitted maximum’ for the pension commencement excess lump sum ‘will be removed from legislation’.
answers to frequently asked questions on topics including lump sums, reporting requirements, overseas transfer allowance, protections and enhancement factors, and transitional arrangements (including a note on potential changes to the new FA 2024 Sch 9 legislation);
transitional tax-free amount certificates, including further information on reporting required by FA 2024 Sch 9 para 130; and
confirmation that the ‘permitted maximum’ for the pension commencement excess lump sum ‘will be removed from legislation’.
