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2026/27 Tax YearHMRC Rates

Pension Tax Relief Calculator

Calculate how much tax relief you can claim on your pension contributions for the 2026/27 tax year. Understand relief at source vs net pay arrangements.

HMRC Compliant
Updated May 2026
Annual Allowance: £60,000
Calculate Your Tax Relief
Enter your income and pension contribution details

Provider claims 20% basic rate relief automatically. You claim higher/additional rate relief via self-assessment.

Total Tax Relief
£1,000

Annual tax relief on your pension contributions

Tax Relief Breakdown
Basic Rate Relief (20%)£1,000
Higher Rate Relief (40%)£0
Additional Rate Relief (45%)£0
Gross Pension Contribution£6,250
Effective Cost to You£5,000
Available Annual Allowance£60,000
2026/27 Pension Tax Relief Rates
Annual Allowance£60,000
Money Purchase Annual Allowance£10,000
Tapered AA Threshold£260,000
Minimum Tapered AA£10,000
Lifetime AllowanceAbolished
How Pension Tax Relief Works

Relief at Source: Your pension provider claims 20% basic rate relief from HMRC and adds it to your pension. Higher and additional rate taxpayers can claim extra relief via self-assessment.

Net Pay Arrangement: Your contribution is taken from your gross salary before tax is calculated, giving you full relief at your marginal rate automatically.

Employer Contributions: These count towards your annual allowance but provide no personal tax relief as they are already a tax-deductible business expense.