Abolition of the lifetime allowance: transitional rules | Practical Law

Abolition of the lifetime allowance: transitional rules | Practical Law

This practice note considers the transitional provisions in the Finance Act 2024 that apply to individuals who used up some or all of their lifetime allowance before 6 April 2024, when the lifetime allowance regime was abolished.

Abolition of the lifetime allowance: transitional rules

Practical Law UK Practice Note w-042-9679 (Approx. 15 pages)

Abolition of the lifetime allowance: transitional rules

MaintainedUnited Kingdom
This practice note considers the transitional provisions in the Finance Act 2024 that apply to individuals who used up some or all of their lifetime allowance before 6 April 2024, when the lifetime allowance regime was abolished.