Threads / Pensions Lifetime Allowance Abolition / Reducing the money purchase annual allowance
Policy Paper Published 8 Mar 2017 HM Revenue & Customs ↗ View on GOV.UK

Reducing the money purchase annual allowance

This tax information and impact note details the reduction of the money purchase annual allowance (MPAA).

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This measure introduces a reduction to the level of MPAA from £10,000 to £4,000 effective from 6 April 2017.