POLICYWithdrawnPolicy paper · gov.uk

Abolishing the pensions lifetime allowance

This measure delivers the changes necessary to abolish the pensions lifetime allowance from the tax year 2024 to 2025 onwards, as announced at Spring Budget 2023.

Last fetched 04 May 2026 · gov.uk

Documents

Draft legislationapplication/pdf Draft legislation (accessible version)Abolition of the Lifetime Allowance Explanatory noteapplication/vnd.oasis.opendocument.text Explanatory note (accessible version)