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Prime Advisors Ltd,
NEW ADDRESS:
Ocean Air house
Suite 200, Floor 1,
750-760 High Road, Leytonstone,
London E11 3AW
Tel - 0044 208 530 6929
Fax - 0044 208 989 1179
E-mail: primeadvisors@yahoo.co.uk

 
   

PENSIONS

  

Basic State Pension

2003-2004

2002-2003

Single person per year

4,027.40

3,926.00

Dependant's addition per year

2,410.20

2,350.40

Married couple total per year

6,437.60

6,276.40

 

Personal Pensions

Maximum contributions based on 'Net Relevant Earnings' (NRE)

Age on
6 April

89-03

RAP

PPP Earnings Cap

%

%

 

35 or less

17.5

17.5

2003-04

99,000

36-45

20.0

17.5

2002-03

97,200

46-50

25.0

17.5

 

 

51-55

30.0

20.0

 

 

56-60

35.0

22.5

 

 

61-74

40.0

27.5

 

 

Please Note:
1. No longer able to carry forward unused relief after
5/4/01
2. From
6/4/01 maximum pension contribution based on highest NRE in previous 5 years
3. From
6/4/01, 3,600 can be paid into a Stakeholder pension without NRE.
4. Retirement Annuity Plans (stated pre 1/7/88):no change to existing rules/no cap.
5. No further contributions permitted from 75th birthday.

 

 

   
 

2007 Prime Advisors Limited, All Rights Reserved