SI 2020/342 – The Finance Act 2004 (Standard Lifetime Allowance) Regulations 2020

Released 25 March 2020

SI 2020/342 sets the registered pensions schemes standard lifetime allowance for 2020–21 as £1,073,100.

The Finance Act 2004 (Standard Lifetime Allowance) Regulations 2020 regulations set out the standard lifetime allowance for the tax year 2020–21, as is required by the Finance Act 2004, s. 218(2D). The standard lifetime allowance for the tax year 2020–21 is £1,073,100. The regulations were made on 23 March 2020.

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