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5.3 Contribution Limits
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Minimum contribution must not exceed £20, but with no requirement for regular contributions (may be a single payment).
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Up to £3,600 per annum can be paid, without any earnings.
Contributions in excess of £3,600 per annum will be subject
to personal pension scale contributions (i.e. 17.50% to 40.00% of
Net Relevant Earnings). Contributions are paid net of basic rate
tax relief.
- Can continue contributions in excess of £3,600 for up to
5 years after ceasing paid work.
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