Lifetime Allowance Flashcards
1
Q
What is the Lifetime Allowance chargeable amount?
A
55% if excess is drawn as a lump sum.
25% if excess is used as income (and taxed as income at marginal rate)
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What is the Lifetime Allowance chargeable amount?
55% if excess is drawn as a lump sum.
25% if excess is used as income (and taxed as income at marginal rate)
Key Links
Subjects
Company
Find Us
