Publication
UK Pensions Briefing | The 2024 pension tax changes: Five things to know and three things to do
We have had a new pension tax regime since April 6, 2024. The underlying legislation is convoluted and almost impossible for a lay person to follow, so you would be forgiven for thinking there was a lot to study. At the very granular level that is true, and your scheme administrators will have a lot of detailed changes to make to systems. However if you zoom out a bit, in many ways life hasn’t changed.
We’ve done the poring over densely amended tax legislation for you. Here are the highlights: five things to know and three things to do.