Autumn Budget 2018: LTA to rise with inflation

As of next April, the Lifetime Allowance (LTA) will rise in line with inflation to £1,055,000, it was announced today (29/10/2018) in the Autumn Budget. The LTA, essentially a stealth tax on investment success, has been progressively whittled away to boost the Treasury coffers since it was introduced in 2006 by the then chancellor Gordon …

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