Pension Tax Relief calculator

See how much the government adds to your pension pot.

Tax Year

Your Annual Income (£)

Your Contribution (£)

Your Tax Band

Gross Contribution

£1,250.00

Basic Relief (20% Automatic)

£250.00

Total Relief

£250.00

Actual Cost to You

£1,000.00

* Relief at source: You pay into your pension from your after-tax income, and your provider claims back 20% for you.

How does the Pension Tax Relief work?

Record your net contribution to your pension.

If it's a 'Relief at Source' scheme, your provider automatically adds 20% basic rate relief.

If you are a higher or additional rate taxpayer, calculate the extra relief owed to you.

Claim any extra relief through your Self Assessment tax return.

Calculated instantly with up-to-date HMRC thresholds. Our engine ensures 100% accuracy for the current tax year.

Pro Tip: Keep your receipts!

Government Incentive: Tax relief is effectively the government returning the tax you paid on your earnings into your pension.

Annual Allowance: There are limits (usually £60,000) on how much you can contribute each year with tax relief.

Higher Rate Benefit: Higher rate taxpayers get significantly more relief but must often claim the extra portion themselves.