| Major changes to all rules from 6.4.2006 |
| Maximum tax-efficient gross contributions to
age 75 |
| - individuals |
|
£3,600 or 100% of earnings to £215k |
| - employers |
|
£215k less employee contributions |
| Maximum tax-efficient fund on taking benefits
in 2006/07: £1.5m |
| |
| Only current earnings count for the 100% limit in 2006/07.
It is no longer possible to use prior year earnings or to carry back
contribution to earlier years. |
