A charge to tax that was due to come into force at the start of the 2011/12 tax year and would have restricted relief from income tax in relation to pension saving by high-income individuals. Introduced by the Finance Act 2010, but subsequently repealed by the coalition government, the high income excess relief charge would have applied to individuals with gross incomes exceeding £150,000 provided their incomes also exceeded a floor of £130,000. The charge would have been levied at a rate of 20% or 30% according to an individual's marginal rate and would have reduced the amount of relief afforded so it was given only at the basic rate.