What does the Pension Annual Allowance Calculator do?

Check your pension annual allowance (£60K), tapered allowance and MPAA. See if you face a tax charge. All calculations are performed in your browser using official UK rates and thresholds.

Are these figures guaranteed?

No. Pension projections are estimates based on assumed growth rates and current contribution levels. Actual returns depend on investment performance, fees and future policy changes.

What is the pension annual allowance?

The pension annual allowance for 2025/26 is £60,000. This is the maximum you can contribute (including employer contributions) and receive tax relief. The allowance is tapered for high earners.

Pension Annual Allowance Calculator 2025-26

Check your pension annual allowance (£60K), tapered allowance and MPAA. See if you face a tax charge.

Last updated: April 2026 · Source: GOV.UK

Total Income (adjusted)

Total Pension Contributions (yours + employer)

Money Purchase Annual Allowance triggered (£10,000 limit)

Remaining Annual Allowance

£40,000.00

Your Allowance

£60,000.00

Used

£20,000.00

Remaining

£40,000.00

Standard AA: £60,000. Tapers for adjusted income over £260,000 (min £10,000 at £360,000+). MPAA: £10,000 if you've flexibly accessed pension.

Unused allowance can be carried forward from the previous 3 tax years.

Disclaimer

This calculator is provided for informational purposes only and should not be considered as financial or tax advice. All calculations are performed locally in your browser — no personal data is collected or sent to our servers. Rates and thresholds are sourced from HMRC and GOV.UK and are updated for the current tax year. Always verify results with HMRC or consult a qualified professional before making financial decisions.

How It Works

The standard annual allowance is £60,000, meaning total pension contributions from all sources (employer, employee, and tax relief) in a tax year cannot exceed this without triggering a tax charge. Unused allowance can be carried forward from the previous three tax years, provided you were a member of a registered pension scheme in those years. The carry-forward is used oldest year first.

For high earners, the tapered annual allowance reduces the £60,000 limit by £1 for every £2 of adjusted income above £260,000, down to a minimum of £10,000. Adjusted income includes all earnings plus employer pension contributions. Threshold income (net income before pension contributions) must also exceed £200,000 for tapering to apply; if it doesn't, the full £60,000 allowance remains.

The Money Purchase Annual Allowance (MPAA) of £10,000 applies once you flexibly access taxable income from a defined contribution pension (e.g., drawdown or an uncrystallised funds pension lump sum). The MPAA only restricts money purchase contributions; defined benefit accrual retains a separate £50,000 allowance under the alternative annual allowance rules.

Annual allowance check for a higher earner

Adjusted income: £280,000 (salary £240,000 + employer pension £40,000)
Threshold income: £240,000 (exceeds £200,000, so tapering applies)
Taper reduction: (£280,000 - £260,000) / 2 = £10,000 reduction
Tapered annual allowance: £60,000 - £10,000 = £50,000
Total contributions this year: £40,000 — within the £50,000 tapered limit, no tax charge

Source: GOV.UK

Frequently Asked Questions

What does the Pension Annual Allowance Calculator do?: Check your pension annual allowance (£60K), tapered allowance and MPAA. See if you face a tax charge. All calculations are performed in your browser using official UK rates and thresholds.
Are these figures guaranteed?: No. Pension projections are estimates based on assumed growth rates and current contribution levels. Actual returns depend on investment performance, fees and future policy changes.
What is the pension annual allowance?: The pension annual allowance for 2025/26 is £60,000. This is the maximum you can contribute (including employer contributions) and receive tax relief. The allowance is tapered for high earners.