Barrys Accountants Limited Tax Facts » Registered Pension Schemes
 

Registered Pension Schemes


Individual Contributions 2010/11
Maximum tax-relievable contributions are the higher of:
100% of taxable UK earnings, or
£3,600 (where the scheme applies tax relief at source)

A special annual allowance charge may apply to individuals with incomes of £130,000 or over where ongoing regular pension contributions are increased after 21 April 2009 (8 December 2009 for incomes between £130,000 and £150,000) by more than £20,000 per tax year.

Annual allowance
2010/11
£255,000
2009/10
£245,000

Lifetime allowance

2010/11
£1,800,000
2009/10£1,750,000

 
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