Pensions
Tax Tables
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| 2010/11 (£) | 2011/12 (£) | |
| Lifetime allowance | 1,800,000 | 1,800,000 |
| Lifetime allowance charge - as cash |
55% | 55% |
| 25% | 25% | |
| Annual allowance | 255,000 | 50,000 |
| Annual allowance charge | 40% | 20-50% |
| Maximum relievable personal contribution | 100% of UK earnings | 100% of UK earnings |
| £3,600 if greater | £3,600 if greater | |
| Maximum tax free cash | 25% of pension benefit value | 25% of pension benefit value |
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