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Posted Sun, 13 Oct 2024 20:06:55 GMT by P S
I have four pensions and LTA protection at 1.25m. Three of them are providing me income. I took 65k lump sum from just one of them. I have a fourth pension pot of c. 500k. Can I take 25% tax free lump sum from the 4th pot up to the LTA limit minus 65k i.e. 312k-65k = 247k or am I limited to 25% of the 500k I.e. £125k.
Posted Tue, 05 Nov 2024 09:58:06 GMT by P S
Thank you for this Link but I cannot find any answers covering my question within that page or the other pages that it refers to.
Posted Fri, 08 Nov 2024 13:19:20 GMT by HMRC Admin 34 Response
Hi,
You would need to contact our Self Assessment team:
Self Assessment general enquries
Thank you

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