Tax Year End Update

Our report writing software has been fully updated on 6th April 2024 to accommodate changes to allowances, rates and reliefs for the 2024/25 tax year.

Full details can be found below:


  • Existing ‘Lifetime Allowance’ wording removed and replaced with new ‘Lump Sum Allowance (LSA)’ and ‘Lump Sum and Death Benefit Allowance (LSDBA)’ wording.
  • In addition, new ‘Lump Sum Allowance (LSA)’ section added to the ‘Important Information’ page. This section will assist users to (a) introduce the new LSA to the client (b) confirm the current LSA amount available to them, and (c) for recommendations pertaining to tax-free cash/PCLS, outline the amount of LSA used up as a result of the recommendation.


  • ‘Dividend Allowance’ amount updated to £500.00
  • ‘Annual Exempt Amount’ updated to £3,000.00.
  • New ‘Reasons for Recommendation’ added, and ‘Glossary’ item updated, with regard to new multiple subscriptions and partial transfer ISA rules.

N.B. – For recommendations pertaining to ‘New’ or ‘Existing’ annuity plans, we have also added a new question page to the wizard providing users the option to remove the ‘Investment Strategy Recommendation’ page.

Interested in exploring our key features and benefits? Click the link below:

Key-Features and Benefits

Please don’t forget we have a collection of ‘how to’ guides, articles and hints/tips via our FAQs which are available on our Help & Support Portal.

Our support team are available 9am – 5pm / Mon – Fri to answer any further questions you may have / 0191 338 8177.

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

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About the Author

Doug has over 14 years experience in the financial services industry and works as a Senior Product Consultant for ATEB Suitability. He provides training and support for our users and also looks after the content of our suitability report templates. He loves to catch up with customers and is always available for a friendly chat.

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