The annual allowance from April 2024 is £60,000 based on adjusted income of £260,000 or below, but this tapers down where adjusted income is between £260,000 and £300,000, and then reduces to £10,000 above £300,000.  Adjusted income is your total taxable income – so includes all salary, bonus and commissions, dividends, rental income, savings interest plus the add back of any employer pension contributions.