There are no HMRC imposed limits on the level of contributions
that members can make into
registered pension schemes. So it will, for
example, be possible for a member to contribute more than 100% of
their earnings in any tax year into the scheme providing the
arrangement concerned is able or willing to accept
such an amount.
Tax relief on member contributions will be available on up to
100% of their
relevant UK earnings. In some circumstances it
will be possible for a member to contribute £3,600 and receive
tax relief if their relevant UK earnings are less than £3,600
(or nil). See
RPSM05100000 for details on tax
relief.
However tax relief on member contributions is not available
to any scheme member who is aged 75 or over.
| Glossary ( RPSM20000000) |
