Relief will be tapered away when total income exceeds 150,000 and the maximum contribution will progressively reduce to 10,000 for those earning more than 210,000.

Then when she got a job with a finance firm, she paid extra into her firm's scheme to get the maximum contribution from her employer.

Last year the maximum contribution was 40,000, while in 2013-14 and 2012-13 it was 50,000.

That takes the maximum contribution this year to 180,000 because the annual allowance in 2012-13 and 2013-14 was 50,000.

The universal pension allowance, the maximum contribution eligible for tax relief for individuals with low or no income, will stay at 3,600.