Personal Pensions and Retirement Annuities

Maximum contributions based on ‘net relevant earnings’

Age on 6 April RAP* PPP 2000-01 99-00
% % £ £
35 or less 17.5 17.5 16,065 15,855
36-45 17.5 20.0 18,360 18,120
46-50 17.5 25.0 22,950 22,650
51-55 20.0 30.0 27,540 27,180
56-60 22.5 35.0 32,130 31,710
61-74 27.5 40.0 36,720 36,240

Earnings Cap £
2000-01 91,800
99-00 90,600
98-99 87,600
97-98 84,000
96-97 82,200
95-96 78,600
94-95 76,800
*Retirement Annuity Plans (started pre 1.7.88): no cap

March 2000 Subject to Finance Act 2000