Home › Calculators › Pension tax relief
Pension tax relief calculator
What you pay, what goes in, and what you can claim.
£a month
Tax band
Scottish income tax
Paying £200 a month from your pay puts this into your pension
£3,000 a year
You pay£2,400
Your provider adds£600
You can claim back, through tax£600
What it costs you, after that£1,800
The £600 back isn't automatic.
How it works ›
Your provider adds the 20% for you. The rest is claimed from HMRC, through a Self Assessment tax return or by contacting HMRC.
How it's worked out ›
£200 a month for 12 months£2,400
With 20% relief added: £2,400 ÷ 0.8£3,000
Extra relief at 40%, less the 20% added: 20% of £3,000£600
What it costs you, after claiming£1,800
Worked to the rest-of-UK tax bands. Relief is on what you pay in up to your earnings, and within the £60,000 annual allowance.
Next step
See your adjusted net income ›The same £3,000 lowers it.