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Document What are the Lifetime Allowance (LTA) values?

The table below shows the basic values of the LTA as announced by HM Revenue & Customs.

Tax Year 
Lifetime Allowance Value
2006 - 2007 £1.5m
2007 - 2008
£1.6m
2008 - 2009
£1.65m
2009 - 2010
£1.75m
2010 - 2011
£1.8m
2011 - 2012
£1.8m
2012 - 2013
£1.5m
2013 - 2014
£1.5m
2014 - 2015
£1.25m
2015 - 2016 £1.25m
2016 - 2017 £1m
2017 - 2018 £1m
2018 - 2019 £1.03m
2019 - 2020 £1.055m

The value for subsequent years will be reviewed and set on an on-going basis.

From 6 April 2018, the standard LTA will be increased annually in line with Consumer Price Index (CPI).
 

For more information on the Lifetime Allowance, please see the NHS Pensions website.

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