P277 CEEFAX 2 277 Sun 01 Dec 23:14/22 1/2 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 1:96/97). You can also pay a maximum percentage of "net relevant earnings" to an existing retirement annuity scheme. In this case thjte is no maximum figure of earnings on which the payments are based. Source: Ernst & Young (see page 271) ANNUITY TRENDS HAVE MOVED TO 267 OthjtTax TaxIndjx Inc Tax Main MenuP277 CEEFAX 2 277 Sun 01 Dec 23:50/08 2/2 PENSIONS INFORMATION Maximum percentage of net relevant earnings Age on Personal Retirement 6 April Pension Annuity 35 or less 17.5 36-45 2p.0 46-50 25.0 50 or less n/a 17.5 51-55 30.0 2p.0 56-60 35.0 22.5 61 plus 40.0 27.5 Source: Ernst & Young (see page 271) ANNUITY TRENDS HAVE MOVED TO 267 OthjtTax TaxIndjx Inc Tax Main Menu