Budget 25: No change to tax-free lump sum is 'welcome' move

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

Holly Roach
clock • 3 min read
Rachel Reeves Credit: HM Treasury/Flickr
Image:

Rachel Reeves Credit: HM Treasury/Flickr

The pensions tax-free lump sum has remained unchanged, despite speculation the chancellor would tinker with this in the Autumn Budget.

Chancellor Rachel Reeves delivered her Budget today (26 November), confirming changes to salary sacrifice for pensions and inflation protections for pre-1997 pensions in the Pensions protection Fun...

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