Max Pension Contributions Table

Max Pension Contributions Table
Age at start of tax year	% Net Relevant Earnings*
35 or less	17.5%
36-45	20%
46-50	25%
51-55	30%
56-60	35%
61-75	40%
*Net Relevant Earnings are broadly speaking your income from work. For employees it can include the value of company cars and fringe benefits, overtime etc. It excludes income from investments. Only earnings up to the Earnings Limit can be used for Personal Pension Plans, ie £87,100% for 98/99, £90,100% for 99/2000 £91,800 for 2000/1, £95400 2001/2.
PPP notes You can contribute monthly or in lump sums. Plans vary in their construction, cost and flexibility. Most offer a very valuable form of insurance called waiver of premium. This means that if you cannot keep up your premiums because ill health prevents you from working, you will receive a pension AS IF YOU HAD KEPT PAYING. We can help you select the contract most suited to your needs.

'authorised and regulated by the Financial Services Act’ '189117'