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Pensions

Pension Annual Allowance Calculator

Available allowance with tapering for high earners and carry-forward from the prior three years.

Tax year 2026/27

2026/27Current year

Threshold and adjusted income only affect high earners — leave them blank unless the annual allowance is tapered (threshold income over £200,000 and adjusted income over £260,000).

Previous three years (carry-forward)

2025/26

2024/25

2023/24

Available this year

£120,000

Allowance £60,000 + carry-forward £60,000

YearAllowanceInputUnused
2023/24£60,000£40,000£20,000
2024/25£60,000£40,000£20,000
2025/26£60,000£40,000£20,000
2026/27£60,000£80,000
Carry-forward available£60,000
Total available this year£120,000
Your contribution this year£80,000
Headroom remaining£40,000

How it works

Enter the pension input for the current tax year and the previous three, plus income for any year where the allowance is tapered. The calculator tapers each year's allowance, totals the carry-forward available and shows whether this year's contribution is within it.

The standard annual allowance is £60,000. For high earners it tapers by £1 for every £2 of adjusted income above £260,000 — but only where threshold income also exceeds £200,000 — down to a minimum of £10,000.

Carry-forward lets you use unused allowance from the previous three tax years, provided you were a member of a registered pension scheme in those years. Contributions above the total available allowance trigger an annual allowance charge at your marginal rate. Where the money purchase annual allowance (MPAA) applies, carry-forward cannot be used against money purchase savings.

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