Personal Pensions (PPPs) and Retirement Annuity Premiums (RAPs)
| Max contributions: | % Of Net Relevant Earnings | |
| Age at beginning of year | RAPs% | PPPs% |
| 35 or less | 17.5 | 17.5 |
| 36 - 45 | 17.5 | 20.0 |
| 46 - 50 | 17.5 | 25.0 |
| 51 - 55 | 20.0 | 30.0 |
| 56 - 60 | 22.5 | 35.0 |
| 61 and over | 27.5 | 40.0 |
Maximum net relevant earnings for 2007/08 PPPs: £225,000. No limit for RAPs. People with no net relevant earnings can pay contributions of £3,600 gross, except for some members of occupational pension schemes.
© 2001-2008 Sloane & Co. LLP
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