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Private sector pension scheme administrators can pay, discharge or request a refund of a member’s lifetime allowance charge if it has changed following the public service pensions remedy (also known as McCloud).
This tax information and impact note is about abolishing the Lifetime Allowance (LTA).
Find out what to do when investors want to close or cancel their Lifetime ISA.
Check what you need to do when taking lump sums so you know what's tax-free.
Find out about transferring Lifetime ISAs to a new Lifetime ISA manager or another type of ISA.
Lifetime allowance newsletter published by HMRC in February 2024 to update stakeholders on the latest news for pension schemes.
This measure ensures that no-one will face a Lifetime Allowance charge from April 2023. It increases the Annual Allowance, Money Purchase Annual Allowance, Tapered Annual Allowance, and the adjusted income for the Tapered Annual Allowance.
If you're a Lifetime ISA manager, find out when you need to calculate withdrawal charges, how much it will be and what happens if an investor appeals a charge.
Find information for Lifetime ISA managers making withdrawals for a first time residential purchase.
You must provide information on flexible access, pension savings, relevant benefit crystallisation events, lump sum death benefits and overseas transfers.
Lifetime allowance newsletter published by HMRC in March 2023 to update stakeholders on the latest news for pension schemes.
Use form APSS202 to tell HMRC of your intention to rely on an international Enhanced Lump Sum and Death Benefit Allowance.
Find out about the temporary reduction in the Lifetime ISA (LISA) withdrawal charge from 6 March 2020 to 5 April 2021
You can take different tax-free lump sums from your pension pot depending on the type of protected allowances you hold.
Use form APSS209 if you're a pension scheme administrator to request details of an individual's Lifetime Allowance Certificate.
Lifetime allowance newsletter published by HMRC in December 2023 to update stakeholders on the latest news for pension schemes.
Work out the value of your pension to apply for protection from the lifetime allowance reduction in 2016.
Don’t include personal or financial information like your National Insurance number or credit card details.
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