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What do employers need to know about the pensions lifetime allowance abolition?

Employee Benefits

The lifetime allowance (LTA) is the total value an individual can build up in their combined pension savings without incurring a tax charge: for most people in the tax year 2023/24 this is £1,073,100. The post What do employers need to know about the pensions lifetime allowance abolition? appeared first on Employee Benefits.

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