Pension Annual Allowance Calculator UK 2026/27

Check how much you can contribute to pensions this year without a tax charge

✓ Updated 2026/27✓ No signup✓ No data stored✓ Runs in your browser
£
£
£
YOUR ANNUAL ALLOWANCE
£60,000
for 2026/27
Contributions Made
£0
Remaining Allowance
£0
Tapered?
No
Tax Charge Due
£0

2026/27 Annual Allowance rules

Worked example: tapered allowance

Someone with threshold income of £220,000 and adjusted income of £280,000:

Adjusted income£280,000.00
Amount above £260,000 threshold£20,000.00
Reduction (£1 per £2 over threshold)−£10,000.00
Tapered Annual Allowance£50,000.00

Frequently asked questions

What is the pension Annual Allowance for 2026/27?

The standard Annual Allowance is £60,000, covering all pension contributions made by you, your employer, and any third parties across all your pension schemes combined.

What happens if I exceed my Annual Allowance?

You face an Annual Allowance tax charge on the excess, taxed at your marginal Income Tax rate. This must be reported through Self Assessment, though your pension scheme may agree to pay it on your behalf ("scheme pays") in exchange for reduced future benefits.

Who is affected by the tapered Annual Allowance?

High earners with threshold income over £200,000 and adjusted income over £260,000. The allowance reduces by £1 for every £2 of adjusted income above £260,000, down to a floor of £10,000.

Can I carry forward unused allowance?

Yes — you can use unused Annual Allowance from the previous 3 tax years, using the earliest year first. You must have been a member of a registered pension scheme in each year you carry forward from.

📄 Official sources

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🔒 Privacy & disclaimer

All calculations run entirely in your browser. No data is sent to our servers, stored, or shared with any third party.

Results are estimates based on 2026/27 HMRC and DWP rates and are intended as a guide only. They do not constitute financial, tax, or employment law advice. Always verify with HMRC, ACAS, or a qualified adviser for your specific circumstances.