What is the annual UK pension contribution allowance?

The annual pension allowance is £60,000 (or 100% of your relevant UK earnings, whichever is lower).

How much does a £10,000 gross SIPP contribution actually cost a 40% taxpayer?

You deposit £8,000 cash, the government adds £2,000 basic relief, and you claim back £2,000 on Self-Assessment, making the net cost just £6,000.

Reino UnidoSIPP Pension Tax Relief (20% to 45%)Finanzas

UK SIPP Pension Tax Relief & Government Top-Up Calculator

Calculate your total tax relief on Self-Invested Personal Pension (SIPP) personal contributions: automatic 20% basic rate government top-up into your SIPP provider plus additional 20% (higher rate) or 25% (additional rate) claimed back via Self-Assessment.

Fondos de Pensiones Jubilación y Pensiones Impuestos y Tasas

Datos y Parámetros

En tiempo real

Net Personal Cash Deposited into SIPP (£)

Selección rápida:

Your Highest Marginal Income Tax Band

Resultado CalculadoSIPP Pension Tax Relief (20% to 45%)

Total Gross Amount Added into Your SIPP Account

£10,000

True Effective Out-of-Pocket Cost to You

£6,000

Extra Tax Refund Paid Directly to You via Self-Assessment

£2,000

Desglose Detallado del Cálculo

You Pay SIPP

£8,000

20% Gov Top-Up

£2,000

Total in SIPP

£10,000

True Net Cost

£6,000

Metodología de Cálculo

Gross Contribution = Net Cash Contribution / 0.80. Basic Relief Added to SIPP = Gross Contribution * 20%. Higher/Additional Tax Rebate Claimed via Self-Assessment = Gross Contribution * (Tax Bracket% - 20%). Effective Out-of-Pocket Cost = Net Cash - Extra Rebate.

Aviso Legal e Informativo

The annual pension allowance is £60,000 (or 100% of UK relevant earnings). High earners with adjusted income over £260,000 are subject to the tapered annual allowance (down to £10,000 minimum).

Esta calculadora es para fines educativos e informativos. Los resultados no constituyen asesoramiento financiero, fiscal o legal vinculante.

Preguntas Frecuentes

Your SIPP provider automatically adds the basic 20% top-up; higher-rate (40%) taxpayers claim the additional 20% via their annual Self-Assessment tax return.

Calculadoras Relacionadas

Herramientas y calculadoras recomendadas adaptadas a tu cálculo

Explorar todas las herramientas

Reino Unido

UK SIPP Pension Tax Relief & Government Top-Up Calculator

Datos y Parámetros

Desglose Detallado del Cálculo

Metodología de Cálculo

Aviso Legal e Informativo

Preguntas Frecuentes

Calculadoras Relacionadas

UK Workplace Pension Auto-Enrolment & Growth Calculator

UK Capital Gains Tax (CGT) Calculator (£3,000 Annual Exemption)

UK National Insurance (Class 1 NICs) Employee & Employer Calculator

UK Marriage Allowance Transfer & Tax Savings Calculator (£252/year)

UK PAYE Income Tax & Take-Home Pay Calculator (HMRC)

UK Inheritance Tax (IHT) & Residence Nil-Rate Band Calculator

UK Dividend Tax & £500 Allowance Calculator (Director & Investor)

UK Stocks & Shares ISA £20,000 Allowance & Tax-Free Growth Calculator