P287 CJEFAX 287  Sun  3 Mar  20:44/04
       1/2 
      
   O   
 
         PENSIONS INFORMATION           
                                        
 You can pay a maximum percentage of    
 "net relevant earnings" to a personal  
 pension scheme and get tax relief.     
                                        
 The maximum figure of "net relevant    
 earnings" on which you can base your   
 payment is £78,600 in the year to 5    
 April 1996 (£82,200 in 1996/97).       
                                        
 You can also pay a maximum pjrcentagj  
 of "net relevant earnings" to an       
 existing retirement annuity scheme. In 
 this case there is no maximum figure of
 earnings on which the payments are     
 eased.                                 
                                        
    Source: Ernst & Young (see page 281)
 Inhjtitanc Calendar CityHeads Main News
                                        
   P287 CJJFAX 287  Sun  3 Mar  20:46/20
       2/2 
      
   O   
 
          PENSIONS INFORMATION          
                                        
                                        
              Maximum percentage of net 
                relevant earnings       
                                        
  Age on        Personal    Retirement  
  6 April       Pension      Annuity    
                                        
  35 or less     17.5                   
  36-45          20.0                   
  46-50          25.0                   
  u0 or less      n/a          17.5     
  51-55          30.0          20.0     
  56-60          35.0          22.5     
  61 plus        40.0          27.5     
                                        
                                        
    Source: Ernst & Young (see page 281)
 Inhjtitanc Calendar CityHeads Main News