questionText: To ask the Chancellor of the Exchequer, what assessment she has made as to the potential merits of Transitional Tax-Free Amount Certificates.
answerText: A Transitional Tax-Free Amount Certificate (TTFAC) is an official document issued by a pension scheme provider or insurer. It confirms the actual amount of tax-free lump sums an individual received before 6 April 2024, when the Lifetime Allowance was abol...
heading: Tax Allowances