Autumn 2021 Budget Summary

The Chancellor announced lifetime allowance (LTA) limits for pensions savings will be frozen at £1,073,100 until 5 April 2025. There was no change announced for the annual allowance (AA) rules which means the standard AA remains at £40,000, the Tapered AA between £4,000 and £40,000 and the Money Purchase AA at £4,000. Corporation tax, the…