Lifetime Allowance Tax Charge - DNS Accountants

The Lifetime Allowance is a retirement benefit you can build up across all registered pension schemes before being subject to a tax charge on the excess. Which your benefits are paid? The standard Lifetime allowance, since April 2018 is £1,030,000 each year. Read more. https://www.dnsassociates.co.uk/blog/understanding-lifetime-allowance-tax-charge

Clipped from: web site