Lifetime allowance and SLA: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
''UK Pensions.''
Service Level Agreement.
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 ==
== See also ==
* [[Annual allowance]]
* [[Service level agreement]]
* [[Defined benefit pension scheme]]
* [[SLA partner banking]]
* [[Earnings cap]]
* [[QA]]
 

Revision as of 14:09, 5 April 2016

Service Level Agreement.


See also