| Personal pensions | 2010-2011 | 2011-2012 | 2012-2013 |
|---|---|---|---|
| Annual Allowance* | £255,000 | £50,000 | £50,000 |
| Lifetime Allowance | £1.8m | £1.8m | £1.5m |
* An individual can contribute the lower of the allowance or relevant income. An individual without relevant income can contribute up to £3,600. Transitional rules apply from 14 October 2010.
Note
From 2011 - 12, the annual allowance will be linked to the individual's marginal tax rate.
|
Basic state pensions |
2011-2012 | 2010-2011 |
|---|---|---|
| Single person per year | £5,311.80 | £5,077.80 |
| Dependant's addition per year | £3,187.08 | £3,042.00 |
| Married couple total per year | £8,498.88 | £8,119.80 |
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