UK 2026/27

Pension Impact Calculator

See exactly how a pension contribution percentage affects your monthly take-home pay. Compare contribution methods (salary sacrifice vs net pay vs relief at source), see the effective tax relief, and find the cost per £100 going to your pension.

Verified against HMRC 2026/27 rates · Last reviewed June 2026

Pension inputs

£
%
Net pension contribution
£—
— monthly into pension
ItemWithout contributionWith contribution
Gross salary
Income Tax
National Insurance
Pension contribution (cash)
Net take-home (annual)
Tax relief saved
Net cost per £100 to pension
Enter your salary + pension % to see how the contribution affects take-home and the effective tax relief.
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The three UK pension contribution methods compared

UK workplace pensions use three different methods to handle contributions and tax relief:

MethodTax reliefNI savingsBest for
Salary sacrificeAll bands automaticYes (8% basic, 2% higher)Most workers — best tax efficiency
Net pay arrangementAll bands automaticNoMany large employer schemes
Relief at sourceBasic auto; higher via SANoPersonal pensions, some workplace

The NI saving is the differentiator. For a basic-rate taxpayer, salary sacrifice saves 28% per £100 contributed (20% IT + 8% NI). Net pay saves 20%. Relief at source saves 20% automatically; higher-rate workers need to claim the extra 20% via Self Assessment (often missed).

How tax relief stacks by band

Income rangeCombined Income Tax + NITake-home cost per £100 to pension
Under £12,570 (no tax)0% + 0% = 0%£100 (only NI relief if sacrifice)
£12,571–£50,270 (basic)20% + 8% = 28%£72
£50,271–£100,000 (higher)40% + 2% = 42%£58
£100,001–£125,140 (taper)60% + 2% = 62%£38
£125,140+ (additional)45% + 2% = 47%£53

These figures assume salary sacrifice (best case). Net-pay and relief-at-source give the Income Tax portion only — slightly worse outcomes.

The annual allowance

For 2026/27: £60,000 standard annual contribution limit including employer + your + sacrificed amounts. Tapered annual allowance applies if total income exceeds £260,000 — reduces by £1 for every £2 of income above £260,000, to a minimum of £10,000 at £360,000+. Carry-forward of unused allowance from the previous 3 tax years is permitted.

FAQs

How much tax relief do I get on UK pension contributions?

Relief depends on your marginal rate and contribution method. Basic-rate workers get 20% relief automatically; higher-rate get 40% (top 20% via Self Assessment for relief-at-source schemes). Additional-rate get 45%. Salary sacrifice also skips NI.

What's the difference between sacrifice and personal contributions?

Sacrifice contributions come from gross pay before Income Tax AND NI. Personal contributions (relief at source) come from net pay; government tops up basic-rate relief; higher/additional-rate workers claim extra via Self Assessment.

How much should I contribute?

Auto-enrolment minimum: 8% total (5% you + 3% employer). Common rule of thumb: your age ÷ 2 as percentage (e.g. age 30 → 15%). Right number depends on retirement target + current pot + circumstances. The calculator shows take-home impact of any %.

What's the 2026/27 annual allowance?

£60,000 standard. Tapers to £10,000 minimum if total income exceeds £260,000.

Can I claim higher-rate relief myself?

Yes via Self Assessment. Salary sacrifice gives it automatically. Relief-at-source schemes give basic-rate auto; you claim extra via SA. Many higher-rate earners don't claim — leaving thousands unrecovered each year.

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Disclaimer: Estimates based on HMRC 2026/27 rates. Not personal financial advice. Pension contributions are typically locked until age 55 (rising to 57 from April 2028) — consider liquidity before substantial contributions.