Pension Premiums

% of Net Relevant Earnings (NRE) 2004/05 and 2003/04
Age at the beginning of the tax year
* Personal Pensions
(including stakeholder)
Retirement
Annuities
35 or less
36 - 45
46 - 50
51 - 55
56 - 60
61 - 74
17.5
20
25
30
35
40
17.5
17.5
17.5
20
22.5
27.5

*Maximum contributions 2004/05 and 2003/04: higher of
- £3,600 (gross)
- % of NRE capped at £102,000 in 2004/05 (2003/04 £99,000)