Pre-Budget Report and the Lifetime and Annual Allowances
In the Chancellor's Pre-Budget Report on 24 November, it was announced that 'to ensure fairness, affordability and sustainability of tax reliefs', both the Standard Lifetime Allowance and the Annual Allowance will remain at their 2010/11 rates for a period of five years, up to and including 2015/16. These are £1.8 million and £255,000 respectively.
Archived 23 January 2009
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Last Updated: 15/06/2009
