HMRC’s Pension Schemes Newsletter for October 2024 provides a useful summary of the following two sets of Regulations which make technical changes to the lifetime allowance abolition legislation:
Pensions (Abolition of Lifetime Allowance Charge etc) (No 2) Regulations SI 2024/1012; and
Pensions (Abolition of Lifetime Allowance Charge etc) (No 3) Regulations 2024 (available in draft).
HMRC note that some of the questions raised during the recent consultation have not resulted in changes to the legislation and further detail will be included on these points in the November edition of the Newsletter.
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HMRC’s Pension Schemes Newsletter for October 2024 provides a useful summary of the following two sets of Regulations which make technical changes to the lifetime allowance abolition legislation:
Pensions (Abolition of Lifetime Allowance Charge etc) (No 2) Regulations SI 2024/1012; and
Pensions (Abolition of Lifetime Allowance Charge etc) (No 3) Regulations 2024 (available in draft).
HMRC note that some of the questions raised during the recent consultation have not resulted in changes to the legislation and further detail will be included on these points in the November edition of the Newsletter.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
