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| | 2003/04 | 2004/05 | 2005/06 | 2006/07 | 2007/08 | | | £ | £ | £ | £ | £ | | Pension Schemes Earnings Cap | 99,000 | 102,000 | 105,600 | 215,000 | |
Major changes from 6th April 2007 - Maximum tax efficient gross contributions to age 75
- Individuals £3,600 or 100% earnings to £225,000
- Employers £225,000 less employee contributions
- Maximum tax efficient fund on taking benefits on 2007/2008 - £1.65m
- Only current earnings post 6 April 2007 count
Authorised and Regulated by the Financial Services Authority. |
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