Pension Contributions

Maximum annual tax-efficient gross contributions to age 75
– individuals		£3,600 or 100% of earnings to £255,000
– employers		£255,000 less employee contributions

Maximum tax efficient fund on taking benefits in 2010/11: £1.8m
Only current earnings count for the 100% limit. Most personal pension contributions are paid net of basic rate tax. Extra contributions over £20,000 by those with income over £130,000 may suffer a clawback of relief.