After the announcements for the Spring Budget 2023, Edward Backhouse shares his thoughts about the Lifetime Allowance being abolished from April 2024 (with the Lifetime Allowance tax charge being removed from April 2023).

On Wednesday, Chancellor Jeremy Hunt presented his first budget. Following the update, we have a summary for you to read. The summary features top-level details of what was reported and the measures the Government has chosen to implement. It covers all the key changes, and you'll hopefully find it a useful overview.