UK Pension Tax Relief Calculator

Pension tax relief calculator (UK)

Find out how much tax you'll get back on your pension contributions.
For England, Wales & Northern Ireland tax rates

Tax band: 20% Basic rate
💰 Goes into your pension
£15,000
vs
💸 What you actually pay
£12,000
✨ That's £3,000 in government contribution!
Here's how ⬇️
You pay from your take-home:
£12,000
Government adds automatically:
£3,000
Total in your pension pot:
£15,000

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*This calculator uses the "relief at source" method. You pay the net amount, government adds 25% to make the gross contribution. Higher rate taxpayers can claim additional relief via Self Assessment.

A reminder - this calculator is for demonstrative purposes only and it’s best to check how pension contributions impact you personally with a tax advisor.

There are limits on how much you can contribute to a pension each year and still qualify for the tax relief.

Info from Money Helper UK gov website:

Each tax year until you're 75, you can usually get tax relief on all your pension contributions up to:

  • your annual allowance – this is £60,000 for most and covers all payments into your pension, including any from your employer.

If you earn under £3,600 and your pension provider claims the tax relief for you (called relief at source), you can get tax relief on pension contributions you make up to £2,880 each tax year.

Pension contributions made after age 75 are not eligible for tax relief.

What I offer is financial education and coaching not advice:

We are not regulated by the FCA. The information we provide is for educational and informational purposes only and should not be construed as investment, financial, legal, tax, or other advice. Any actions, omissions or investments you may make following the information your provide are your own choice and entirely at your own risk.