SLATERS CHARTERED ACCOUNTANTS

162A London Road
Chesterton
Newcastle Under Lyme
Staffordshire,ST5 7JB
Tel: 01782 566101 Fax: 01782 566090

Pension Protection Fund

Income Tax Allowances 2006/07 (£) 2007/08 (£)
Personal Allowance    
Personal allowance for people aged 65-74    
Personal allowance for people aged 75 and over    
Income limit for age-related allowances    
Married couple's allowance for people born before 6 April 1935    
Married couple's allowance - aged 75 or more    
Minimum amount of married couple's allowance    
Blind person's allowance    

Pension Protection Fund (PPF) The Pensions Act 2004 legislated for the PPF which will come into being from 6 April 2005. The fund will assume responsibility for defined benefit schemes whose sponsoring employers have become insolvent. The PPF will pay compensation to scheme members in lieu of the benefits they would have received from the scheme. The PPF is not a pension scheme but will be given the same tax treatment as the pension scheme it protects.

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