Pension Lta Form

[Alan1]

Hello. I am filling out an 8 page LTA plan for a private pension that matures this month. It would appear that only the first page applies to me as I have never drawn on any previous ones. Is this right?. Also do I need to apply for a Scheme Administrator Reference in order for me to be ta
Red correctly or will HMRC do this anyway via the scheme administrator?

[HaizeyDays]

LTA Forms differ between different pension administrators, so it is difficult to answer your question directly.
I would say that if this is the first pension you have drawn upon, and the value of the benefits you are putting into payment is less than the current Lifetime Allowance (£1,055,000), then most of the questions on the form will be not applicable. On my company's LTA form you probably wouldn't need to complete more than page 1!

The second part of your question is a little puzzling. I work in pensions administration and I am not sure what you are referring to.

Can you post the exact question it asks of you?

Haizeydays

[fiction-factory]

If you have any other pemnsion pots that you haven't drawn on you need to include the LTA values from your annual statements or ask the provider for a figure. Each will be in the form x % (maybe only 2.5% or something similarly small unless it's a big pot).

[Alan1]

Hi it says at the end of the form that I can find this by logging onto .Gov site HMRC for personal tax amount.

[Alan1]

Sorry this is about the scheme administrator reference number. I guess I do not need this as I assume the pesion provider will tax me accordingly.