HMRC private pension statistics reveal LTA breach rise

‘Reviving the LTA may be under consideration’

Jenna Brown
clock • 1 min read
HMRC private pension statistics reveal LTA breach rise

Breaches of the lifetime allowance (LTA) in the 2022/23 tax year increased to 13,080 as reported by pension schemes through accounting for tax returns, according to latest statistics.

HM Revenue & Customs (HMRC) revealed the increase in its annual private pension statistics published today (31 July). LTA charges for 2022/33 increased to just over 13,000 through accounting for...

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