Not in at the moment <a href=" http://www.sillakeskus.ee/help-123-essay.pdf ">do my homework for me homework assignments</a> Savers will pay tax on any excess savings above the lifetime allowance limit. The rate of tax depends on how savers receive the excess. If it is in the form of a lump sum, then the rate of tax is an eye-watering 55pc. If it is in the form of a regular pension, the excess is taxed at 25pc.