Pension contribution

Pension contribution

Author
Discussion

thewave

14,721 posts

211 months

Friday 7th September 2007
quotequote all
You can make a contribution of £3600 (gross) irrespective of earnings

Eric Mc

122,332 posts

267 months

Friday 7th September 2007
quotequote all
The old upper percentage limits were abolished a while ago.

emicen

8,610 posts

220 months

Monday 10th September 2007
quotequote all
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.