Time is running out to amend scheme rules to retain old Inland Revenue limits. Historically, those limits applied to both benefits and contributions payable from schemes. Although they were removed on 6 April 2006 by the Finance Act 2004, transitional arrangements retain the old limits until such time as the scheme rules amended to reflect them. However, the transitional arrangements cease on 5 April 2011. If you have not yet amended your rules to retain Inland Revenue limits then you need to instruct your lawyers to do so urgently. Otherwise members in your scheme may receive an unexpected windfall from 6 April 2011.