🇬🇧 United Kingdom

Pension Tax Relief Calculator UK 2025/26

Calculate how much tax relief you get on pension contributions. Compare salary sacrifice vs Relief at Source, check your Annual Allowance with carry forward, and see the effective cost of saving into your pension. UK tax year 2025/26.

£
Your gross annual salary before tax
£
Amount you contribute each month
Enter as a fixed amount or percentage of salary
How your pension contributions are made
No
Have you flexibly accessed pension benefits? Reduces allowance to £10,000.

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How to Use This Calculator

Tax Relief Check tab

Enter your annual salary and monthly pension contribution (as a fixed amount or percentage of salary). Select your contribution method — Relief at Source, Salary Sacrifice, or Net Pay. The calculator shows your gross contribution, the tax relief breakdown, total relief amount, and your effective cost. If you have triggered the MPAA, toggle that option under More Options to see the reduced allowance.

Salary Sacrifice vs Relief at Source tab

Enter your annual salary and the monthly contribution you want to make. The calculator provides a side-by-side comparison showing take-home pay impact, employer cost, pension pot contribution, NI savings, and the total benefit of salary sacrifice over Relief at Source. It assumes your employer passes on the employer NI saving into your pension pot.

Annual Allowance Check tab

Enter your total pension contributions for the year (your contributions + employer contributions + tax relief added by the provider) and your annual salary. The calculator checks whether you exceed the £60,000 Annual Allowance (or £10,000 MPAA if triggered). Under More Options, enter any unused allowance from the previous 3 years to use carry forward.

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The Formula

Pension tax relief works differently depending on the contribution method:

Relief at Source:
Gross contribution = Net payment ÷ (1 − 0.20)
Provider adds = Net payment × 0.20 ÷ 0.80
Extra SA claim (higher rate) = Gross × 20%
Extra SA claim (additional rate) = Gross × 25%

Net Pay:
Full relief at marginal rate through payroll
Tax saved = Contribution × Marginal rate

Salary Sacrifice:
Income tax saved = Contribution × Marginal rate
Employee NI saved = Contribution × 8%
Employer NI saved = Contribution × 15%
Total saving = Tax + Employee NI + Employer NI

Annual Allowance:
Standard AA = £60,000
MPAA = £10,000 (if flexibly accessed pension)
Tapered AA = £60,000 − (½ × (adjusted income − £260,000))
Minimum tapered AA = £10,000
Carry forward = unused AA from previous 3 tax years
Tax charge = Excess × Marginal tax rate

With Relief at Source, you pay from after-tax income and the provider reclaims basic rate (20%) from HMRC. Higher and additional rate taxpayers claim the difference via Self Assessment. With Net Pay, your contribution is deducted before tax is calculated, giving full relief immediately. With Salary Sacrifice, your gross salary is reduced and the employer pays the difference into your pension, saving income tax, employee NI (8%), and employer NI (15%).

Example

Example 1: Tax Relief Check — Higher rate taxpayer

James earns £55,000 and contributes £300/month via Relief at Source.

Tax relief breakdown

James pays (monthly)£300
Provider adds (20% basic rate)£75
Gross in pension pot£375
Extra 20% via Self Assessment£75
Total relief (monthly)£150
Effective cost to James£225
Contribution as % of salary6.5%

James pays £300/month but gets £375 in his pension. After claiming £75/month via Self Assessment, his effective cost is £225 for £375 in the pot.

Example 2: Salary Sacrifice vs Relief at Source

Sarah earns £55,000 (higher rate) and wants to contribute £400/month.

Relief at Source

Sarah pays£400
Provider adds 20%£100
Pension pot contribution£500
SA claim (extra 20%)£100
Effective cost£300/month

Salary Sacrifice

Salary reduction£400
Tax saved (40%)£160
Employee NI saved (8%)£32
Employer NI saved (15%)£60
Pension pot (incl. employer NI)£460
Effective cost£208/month

Salary sacrifice saves Sarah £92/month compared to Relief at Source (after SA claim). However, the Relief at Source route puts £500 in the pot vs £460 with salary sacrifice. The best choice depends on whether you value lower cost or a larger pot.

Example 3: Annual Allowance Check

Tom earns £80,000 and his total pension contributions (personal + employer + tax relief) are £55,000 this year. He has £10,000 unused from 2024/25.

Total contributions£55,000
Annual Allowance£60,000
Carry forward available£10,000
Total available£70,000
Remaining allowance£15,000
Tax charge£0

Tom is within his allowance. He could contribute up to £15,000 more this year before triggering a tax charge.

FAQ

Pension tax relief is a government incentive that refunds some or all of the income tax you paid on money you contribute to a pension. Basic rate taxpayers get 20% relief automatically (for Relief at Source schemes). Higher rate (40%) and additional rate (45%) taxpayers can claim extra relief through their Self Assessment tax return. The effect is that your pension contribution costs you less than the amount that ends up in your pension pot. The Annual Allowance limits tax-relieved contributions to £60,000 per year (2025/26).
Relief at Source (RAS): You contribute from after-tax income. Your pension provider claims basic rate (20%) tax relief from HMRC and adds it to your pot. Higher and additional rate taxpayers claim the extra via Self Assessment. Most personal pensions and SIPPs use this method. Net Pay: Your employer deducts the pension contribution from your salary before calculating income tax, so you get full relief at your marginal rate immediately through payroll. Most workplace defined benefit and some defined contribution schemes use Net Pay. The key difference: Net Pay gives immediate full relief but lower earners below the personal allowance may miss out on the 20% top-up that RAS provides.
With salary sacrifice, you agree to reduce your contractual salary and your employer pays the difference directly into your pension. Because your gross salary is lower, you pay less income tax and less National Insurance (both employee and employer NI). Many employers pass the employer NI saving (15% for 2025/26) into your pension pot as well, increasing the total contribution. The trade-off: your lower gross salary may affect mortgage applications, statutory maternity/paternity pay, and any benefits linked to salary. Your salary after sacrifice must not fall below the National Minimum Wage.
The Annual Allowance for 2025/26 is £60,000. This is the maximum amount of pension savings you can make each year with tax relief. It includes your contributions, employer contributions, and tax relief added by the provider. If you exceed the Annual Allowance, you face an Annual Allowance Charge at your marginal tax rate on the excess. You can carry forward unused allowance from the previous 3 tax years if you were a member of a registered pension scheme. High earners (adjusted income over £260,000) may have a reduced “tapered” Annual Allowance, down to a minimum of £10,000. The Money Purchase Annual Allowance (MPAA) of £10,000 applies if you have flexibly accessed pension benefits.
Yes. Scottish income tax rates differ from the rest of the UK. For 2025/26, Scotland has: Starter rate 19%, Basic rate 20%, Intermediate rate 21%, Higher rate 42%, Advanced rate 45%, and Top rate 48%. However, pension tax relief for Relief at Source schemes still uses the 20% basic rate for the automatic top-up from the provider. Scottish taxpayers at the Intermediate rate (21%) or above claim the extra via Self Assessment. A Scottish taxpayer at the Starter rate (19%) effectively gets slightly more relief than their tax rate through the 20% RAS top-up. Net Pay schemes give relief at the actual Scottish marginal rate.

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