Lta Changes April 2025
Lta Changes April 2025. Introduced on 6 april 2006, the lifetime allowance (lta) was a limit on how much could be taken out of registered pension schemes without an lta tax charge. Six key points on the changes.
Abolition of lifetime allowance (lta): A deadline of 5 april 2025 applies for those applying for fixed protection 2016 or individual protection 2016.