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What is the Lifetime Allowance on pensions?

by Nick Grogan | Apr 9, 2021 | Personal Finance | 0 comments

You can save as much as you want into your pension subject to certain limits. One of these is the Lifetime Allowance (LTA) and exceeding it can cause tax charges. What is the lifetime allowance? If the value of your pension exceeds the LTA, you will pay a tax charge,...

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