AUTUMN STATEMENT 2023: PENSION TAX LIMITS
A number of changes were made to the tax regime for pensions for 2023/24 and these include the following, which will remain at their 2023/24 levels for 2024/25: The Annual Allowance (AA) is £60,000. Individuals who have ‘threshold income’ for a tax year of greater than £200,000 have their AA for that tax year restricted. […]