crystallise SIPP early to avoid LTA?

Albermarle

EdSwippet said:

Albermarle said:
I think it was not a big amount, but it is getting bigger every year. Maybe getting towards a Billion Pounds a year ??

Far short of that at the moment. £382m in 2020/21, apparently. But yes, growing.

You cannot look at this in isolation. You have to offset that comparative drop in the bucket of additional tax with the income tax lost when people -- like me! -- retire years earlier than they would have otherwise. Overall, it's entirely possible that it actually is a net loss to the Exchequer.

It is a good point, for me LTA limit was a catalyst to retire, but it was around about the time I had planned anyway.
The DT article I linked seemed to suggest some kind of change just maybe on the agenda.