{
  "table": "retirement-savings-calculator-rules",
  "schema": 1,
  "version": "2026-11-11.1",
  "title": "Retirement savings: inflation targets, and the United Kingdom's pension tax rules",
  "doc": "Rule table read by the retirement-savings-calculator handler (ctx.data['retirement-savings-calculator-rules']). Rates are percentage points (20 means 20 %); amounts are in the country's currency. inflation_target is the central bank's medium-term target, used when the person leaves the inflation field blank. United Kingdom: relief_at_source.rate is the rate a relief-at-source scheme adds to a member's payment (the 'relevant rate', which is 20 % in England, Northern Ireland, Scotland and Wales for 2026 to 2027); basic_amount is the yearly contribution, relief included, that qualifies for relief with no earnings; annual_allowance, lump_sum_allowance and lump_sum_share are the 2026 to 2027 figures; normal_minimum_pension_age lists the age with the date from which it applies. France has no rule here that changes the projection: a PER payment is deducted from taxable income, so nothing is added to the plan. Table-level valid_from/valid_until bound the period during which this version may be relied on: the UK figures are for the tax year that ends on 5 April 2027, so the table must be reviewed by then (the build refuses an expired table). Entry-level valid_from/valid_until bound each value; null valid_until means in force until changed, null valid_from that the start date was not verified for this table. source_url is the primary source for the value, source_date that source's own date, retrieved the day the value was read there.",
  "reviewed_on": "2026-11-11",
  "reviewed_by": "apps-calculators agent (automated research against official sources, 2026-11-11); owner review pending",
  "valid_from": "2026-11-11",
  "valid_until": "2027-04-05",
  "locale_country": {
    "fr-FR": "FR",
    "en-GB": "GB"
  },
  "sources": [
    {
      "id": "bdf-mandat",
      "label": "Banque de France : mandat et stratégie de politique monétaire (cible d’inflation de 2 % à moyen terme, symétrique, depuis juillet 2021)",
      "url": "https://www.banque-france.fr/fr/strategie-monetaire/mandat-strategie-monetaire",
      "date": "2026-11-11",
      "retrieved": "2026-11-11"
    },
    {
      "id": "boe-target",
      "label": "Bank of England: Monetary policy (the Government's 2% inflation target)",
      "url": "https://www.bankofengland.co.uk/monetary-policy",
      "date": "2026-11-11",
      "retrieved": "2026-11-11"
    },
    {
      "id": "govuk-relief",
      "label": "GOV.UK: Tax on your private pension contributions, tax relief (relief at source at 20%, including Scottish starter-rate taxpayers)",
      "url": "https://www.gov.uk/tax-on-your-private-pension/pension-tax-relief",
      "date": "2026-09-30",
      "retrieved": "2026-11-11"
    },
    {
      "id": "hmrc-ptm044220",
      "label": "HMRC Pensions Tax Manual PTM044220: relief at source, the relevant rate and worked examples",
      "url": "https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm044220",
      "date": "2026-11-02",
      "retrieved": "2026-11-11"
    },
    {
      "id": "hmrc-ptm044100",
      "label": "HMRC Pensions Tax Manual PTM044100: annual limits, the basic amount of £3,600",
      "url": "https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm044100",
      "date": "2026-11-02",
      "retrieved": "2026-11-11"
    },
    {
      "id": "govuk-income-tax-rates",
      "label": "GOV.UK: Income Tax rates and Personal Allowances, Scottish Income Tax and Welsh Income Tax, 2026 to 2027 (basic rate 20%)",
      "url": "https://www.gov.uk/income-tax-rates",
      "date": "2026-10-01",
      "retrieved": "2026-11-11"
    },
    {
      "id": "govuk-annual-allowance",
      "label": "GOV.UK: Tax on your private pension contributions, annual allowance (£60,000 this tax year)",
      "url": "https://www.gov.uk/tax-on-your-private-pension/annual-allowance",
      "date": "2026-09-30",
      "retrieved": "2026-11-11"
    },
    {
      "id": "govuk-lump-sum-allowance",
      "label": "GOV.UK: Tax on your private pension contributions, lump sum allowance (25%, at most £268,275)",
      "url": "https://www.gov.uk/tax-on-your-private-pension/lump-sum-allowance",
      "date": "2026-09-30",
      "retrieved": "2026-11-11"
    },
    {
      "id": "fa2022-s10",
      "label": "legislation.gov.uk: Finance Act 2022, section 10 (normal minimum pension age 55, and 57 on and after 6 April 2028)",
      "url": "https://www.legislation.gov.uk/ukpga/2022/3/section/10",
      "date": "2022-02-24",
      "retrieved": "2026-11-11"
    }
  ],
  "countries": {
    "FR": {
      "name": {
        "fr-FR": "France",
        "en-GB": "France"
      },
      "currency": "EUR",
      "inflation_target": {
        "rate": 2,
        "name": {
          "fr-FR": "cible d’inflation de la Banque centrale européenne",
          "en-GB": "European Central Bank inflation target"
        },
        "valid_from": null,
        "valid_until": null,
        "note": "The Banque de France states the 2 % medium-term target applies since July 2021; the exact day is not given on the page.",
        "source_url": "https://www.banque-france.fr/fr/strategie-monetaire/mandat-strategie-monetaire",
        "source_date": "2026-11-11",
        "retrieved": "2026-11-11"
      }
    },
    "GB": {
      "name": {
        "fr-FR": "Royaume-Uni",
        "en-GB": "United Kingdom"
      },
      "currency": "GBP",
      "inflation_target": {
        "rate": 2,
        "name": {
          "fr-FR": "cible d’inflation de la Banque d’Angleterre",
          "en-GB": "Bank of England inflation target"
        },
        "valid_from": null,
        "valid_until": null,
        "source_url": "https://www.bankofengland.co.uk/monetary-policy",
        "source_date": "2026-11-11",
        "retrieved": "2026-11-11"
      },
      "relief_at_source": {
        "rate": 20,
        "legal_basis": "Finance Act 2004, sections 192, 192A and 192B; the relevant rate is the basic rate, the Scottish basic rate or the Welsh basic rate, all 20% in 2026 to 2027",
        "valid_from": "2026-04-06",
        "valid_until": "2027-04-05",
        "source_url": "https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm044220",
        "source_date": "2026-11-02",
        "retrieved": "2026-11-11",
        "see_also": [
          "https://www.gov.uk/tax-on-your-private-pension/pension-tax-relief",
          "https://www.gov.uk/income-tax-rates",
          "https://www.gov.uk/scottish-income-tax",
          "https://www.gov.uk/welsh-income-tax"
        ]
      },
      "basic_amount": {
        "gross": 3600,
        "net": 2880,
        "legal_basis": "Finance Act 2004, section 190",
        "valid_from": "2026-04-06",
        "valid_until": "2027-04-05",
        "source_url": "https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm044100",
        "source_date": "2026-11-02",
        "retrieved": "2026-11-11",
        "see_also": [
          "https://www.gov.uk/tax-on-your-private-pension/pension-tax-relief"
        ]
      },
      "annual_allowance": {
        "amount": 60000,
        "valid_from": "2026-04-06",
        "valid_until": "2027-04-05",
        "source_url": "https://www.gov.uk/tax-on-your-private-pension/annual-allowance",
        "source_date": "2026-09-30",
        "retrieved": "2026-11-11"
      },
      "lump_sum_allowance": {
        "amount": 268275,
        "share": 25,
        "valid_from": "2026-04-06",
        "valid_until": "2027-04-05",
        "source_url": "https://www.gov.uk/tax-on-your-private-pension/lump-sum-allowance",
        "source_date": "2026-09-30",
        "retrieved": "2026-11-11"
      },
      "normal_minimum_pension_age": {
        "ages": [
          {
            "age": 55,
            "valid_from": "2010-04-06",
            "valid_until": "2028-04-05"
          },
          {
            "age": 57,
            "valid_from": "2028-04-06",
            "valid_until": null
          }
        ],
        "legal_basis": "Finance Act 2004, section 279(1), as amended by Finance Act 2022, section 10",
        "source_url": "https://www.legislation.gov.uk/ukpga/2022/3/section/10",
        "source_date": "2022-02-24",
        "retrieved": "2026-11-11",
        "see_also": [
          "https://www.gov.uk/early-retirement-pension/personal-and-workplace-pensions"
        ]
      }
    }
  }
}