Important update regarding the Money Purchase Annual Allowance

The government has recently announced that, as a consequence of the calling of a general election in June, the reduction in the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 that came into effect on 6th April 2017 has been removed from the Finance (No.2) Bill 2017. Therefore, the MPAA will remain at £10,000 for the moment. Find out more here.


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