Pensions
| £ Per Week | 2010 / 11 |
2011 / 12 |
|---|---|---|
| Basic Pension Category A or B Single | £97.65 | £102.15 |
| Basic Pension Category B Married | £156.15 | £163.35 |
| Pension Credit Standard Minimum Guaranteed - Single | £132.60 | £137.35 |
| Pension Credit Standard Minimum Guaranteed - Couple | £202.40 | £209.70 |
Maximum annual tax efficient gross contribution to age 75:
Individuals £3,600 or 100% earning to £255,000
Employers £255,000 less employee contributions
Maximum tax efficient fund on taking benefits in 2010/11 £1.8 million.
Most personal pension contributions are paid net of basic rate tax.
Extra contributions over £20,000 by those with income over £130,000 may suffer a clawback of relief.