Consultation on changing the revaluation date issued
DLUHC has issued a consultation on changing the in scheme revaluation date from 1 to 6 April, with effect from 1 April 2023. The proposed change will remove the impact of high inflation on the annual allowance and reduce the number of members incurring a tax charge. The consultation runs for two weeks and closes on 24 February 2023. You can view the consultation on the Scheme consultations page. DLUHC is asking that respondents use the online consultation link to respond. This will allow responses to be analysed more efficiently and quickly.
Was this page helpful?