Pension allowances over time Share: Note Years refer to financial years, so, for example, ‘2020’ refers to 2020–21. Appears in Income tax explained Taxation of private pensions explained Related content International comparison of tax revenue composition, 2019 Taxlab Data Item Types of tax revenue as a share of GDP across developed countries Taxlab Data Item The personal allowance over time Taxlab Data Item The higher-rate threshold over time Taxlab Data Item