
Strategies for Lifetime Allowance Planning
The Meaningful Money Personal Finance Podcast
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Scrap the L T A. Equalize Er Tax Relief
You can crystallize three separate ten thousand pounds pot as lump sums. You've got to pay the tax, the income tax on hat youd normally do. But those three times ten thousand pounds will not actually count towards your lifetime allowance. If that 30 gram was over the l t a, he'd be paying 16 and alf thousand n tax. That's 16 and a half ground ar like them allowance ge a charge at 55%. So ho do that? It's not too bad. Rea ha ha ha e do ge be.
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