| . |
2010
/ 11 | 2009
/ 10 |
| Lifetime Allowance* | £1,800,000 |
£1,750,000 |
| Annual Allowance |
£255,000 |
£245,000 |
| Special annual allowance applies where relevant income is £130,000 or more |
min. £20,000 max. £30,000 | min.
£20,000 max. £30,000 |
| Special annual allowance charge | 20%-30% |
20% |
| Maximum relievable personal contribution | 100%
of relevant UK earnings or £3,600 if greater | |
| Maximum pension commencement lump-sum* | 25%
of pension benefit value | |
| Lifetime allowance charge | 55%
if excess is drawn as cash 25% if excess is drawn as income | |
| Annual allowance charge on excess | 40% | 40% |