Pension contribution

[thewave]

You can make a contribution of £3600 (gross) irrespective of earnings

[Eric Mc]

The old upper percentage limits were abolished a while ago.

[emicen]

coyft said:

Eric Mc said:

The old upper percentage limits were abolished a while ago.

Think the upper limit is now £225k

Your individual annual contributions are limited to the greater of £3600 or your earned income for the year up to £215k.

You earn nada but hit up the benefits, you can put aside £3600.

You earn money, you can put away up to £215k with tax relief on the contributions.

Note, individual. What companies can contribute is probably something Eric can tell you. I just wanted to clear up the £215000 thing.