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Annual Allowance History

Posted on by tfp in Pensions Post Retirement, Pensions Pre Retirement

Annual Allowance history since 2006/07 and Money Purchase Annual Allowance is below;

TAX YEARAAMPAA
2022/23£40,000*£4,000
2021/22£40,000*£4,000
2020/21£40,000*£4,000
2019/20£40,000**£4,000
2018/19£40,000**£4,000
2017/18£40,000**£4,000
2016/17£40,000**£10,000
2015/16£40,000£10,000
2014/15£40,000
2013/14£50,000
2012/13£50,000
2011/12£50,000
2010/11£255,000
2009/10£245,000
2008/09£235,000
2007/08£225,000
2006/07£215,000

*Tapered to £4,000 for individuals with Threshold income above £200,000 & Adjusted Income above £240,000.

**Tapered to £10,000 for individuals with Threshold income above £110,000 & Adjusted Income above £150,000.