Written Question·Treasury·UIN 7224
Tax Allowances
Tabled: 4 October 2024
Answered: 11 October 2024
Question
Alison Bennett
Liberal Democrat — Mid Sussex
To ask the Chancellor of the Exchequer, when she plans to publish guidance for the Transitional Tax Free Allowance Certificate.
Answer
Tulip SiddiqLegislation concerning the abolition of the Lifetime Allowance (LTA) was included in Finance Act 2024. The legislation introduced transitional arrangements including Transitional Tax-Free Amount Certificates (TTFACs). Guidance was published alongside the ...
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