Guidance

Lifetime allowance guidance newsletter — March 2024

Lifetime allowance (LTA) newsletter published by HMRC in March 2024 to update stakeholders on the latest news for pension schemes.

• From: HM Revenue & Customs
• Published: 7 March 2024
• Last updated: 15 March 2024 — See all updates

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Lifetime allowance guidance newsletter: March 2024

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The information in this newsletter is further to guidance provided in the:

• lifetime allowance guidance newsletter — December 2023
• pension schemes newsletter 155
• lifetime allowance guidance newsletter — February 2024

The legislation to complete the abolition of the lifetime allowance, included in the Finance Act 2024, received Royal Assent on 22 February 2024. As previously confirmed, further legislation will be published through regulations, effective from 6 April 2024.

Published 7 March 2024
Last updated 15 March 2024 + show all updates

1. 15 March 2024

   Additional information added to questions 14, 20 and 37.

2. 7 March 2024

   First published.