💰 UK Pension Annual Allowance

Tapered allowance & carry forward · Loading…

Annual Allowance & Carry Forward

Enter gross income (salary + benefits, before pension), employee contributions (personal/relief at source), and employer contributions for each year. Results update automatically.

Tax year Gross income (£) Employee contribs (£) Employer contribs (£) Threshold income Adjusted income Tapered? Your AA Total contribs Unused / Over
Total carry forward into current year →
Current year AA + carry forward →

Carry forward includes unused allowance from the 3 years prior to the current year only.

Formulas & Rules

Standard annual allowance

2023–2024 onwards: £60,000
2020–2021 to 2022–2023: £40,000

Tapering (2023–2024 onwards)

Applies when both:
 ① Threshold income = gross − employee contribs > £200,000
 ② Adjusted income = threshold income + employer contribs > £260,000

tapered AA = max(£10,000, £60,000 − floor((adjusted income − £260,000) ÷ 2))

Tapering (2020–2021 to 2022–2023)

Threshold income > £200,000 AND adjusted income > £240,000
tapered AA = max(£4,000, £40,000 − floor((adjusted income − £240,000) ÷ 2))

Carry forward

Up to 3 prior tax years. unused = tapered AA − total contributions
Carry forward = sum of unused from the 3 years before the current year.
Year label 2023–2024 = tax year ending 5 April 2024.
You must have been a member of a registered pension scheme in each year claimed.