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Thursday, 16 March 2023

Pensions: How are the lifetime and annual allowances changing?

The lifetime limit on tax-free pensions savings will go, and some annual allowances will increase.

from BBC News - Home https://ift.tt/XxNl6tS

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Healey to shield low-income pensioners from income tax in the Budget

Changes are needed to prevent the full, flat-rate state pension becoming liable for income tax after it rises in April. from BBC News http...