HMRC has launched a technical consultation on draft secondary legislation to establish transitional tax provisions ahead of the increase in the normal minimum pension age from 55 to 57, which takes effect on 6 April 2028. The regulations will address tax implications during the transition period as the new age threshold comes into force. Stakeholders in pensions administration and compliance are invited to submit comments on the proposed provisions.
Source: HMRC (GOV.UK) – Read the original