Lifetime allowance - Revision history

imported>Doug Williamson: Layout.

2022-01-28T07:48:10Z

Layout.

← Older revision		Revision as of 07:48, 28 January 2022
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	''UK ~~Pensions~~.''		''UK pensions.''

	The maximum amount of pension and/or lump sum available from a pension scheme that benefits from tax relief.		The maximum amount of pension and/or lump sum available from a pension scheme that benefits from tax relief.


	There is no limit on the amount of benefits that the pension scheme can pay out.		There is no limit on the amount of benefits that the pension scheme can pay out.

	However, if the pension scheme gives benefits of more than the lifetime allowance an extra tax charge is payable on the amount over the lifetime allowance.		However, if the pension scheme gives benefits of more than the lifetime allowance an extra tax charge is payable on the amount over the lifetime allowance.


	This tax charge is called the lifetime allowance charge.		This tax charge is called the lifetime allowance charge.
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	* [[Annual allowance]]		* [[Annual allowance]]
	* [[Defined benefit pension scheme]]		* [[Defined benefit pension scheme]]
	* [[Earnings ~~cap~~]]		* [[Earnings]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Category added 8/10/13

2013-10-08T09:10:40Z

Category added 8/10/13

← Older revision		Revision as of 09:10, 8 October 2013
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	* [[Defined benefit pension scheme]]		* [[Defined benefit pension scheme]]
	* [[Earnings cap]]		* [[Earnings cap]]

			[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Spacing 22/8/13

2013-08-22T11:25:36Z

Spacing 22/8/13

← Older revision		Revision as of 11:25, 22 August 2013
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	''UK Pensions.''		''UK Pensions.''

	The maximum amount of pension and/or lump sum available from a pension scheme that benefits from tax relief.		The maximum amount of pension and/or lump sum available from a pension scheme that benefits from tax relief.

	There is no limit on the amount of benefits that the pension scheme can pay out. However, if the pension scheme gives benefits of more than the lifetime allowance an extra tax charge is payable on the amount over the lifetime allowance. This tax charge is called the lifetime allowance charge.		There is no limit on the amount of benefits that the pension scheme can pay out.

			However, if the pension scheme gives benefits of more than the lifetime allowance an extra tax charge is payable on the amount over the lifetime allowance.

			This tax charge is called the lifetime allowance charge.


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	* [[Defined benefit pension scheme]]		* [[Defined benefit pension scheme]]
	* [[Earnings cap]]		* [[Earnings cap]]

imported>Administrator: CSV import

2012-10-23T14:19:59Z

CSV import

New page

''UK Pensions.''
The maximum amount of pension and/or lump sum available from a pension scheme that benefits from tax relief.

There is no limit on the amount of benefits that the pension scheme can pay out. However, if the pension scheme gives benefits of more than the lifetime allowance an extra tax charge is payable on the amount over the lifetime allowance. This tax charge is called the lifetime allowance charge.

== See also ==
* [[Annual allowance]]
* [[Defined benefit pension scheme]]
* [[Earnings cap]]