Calcify
UK
Calculator
Tax Rates
Guides
Save Tax
All Calculators
🏦 Pension Tax Relief
Calculator
See how much pension contributions save you in tax and National Insurance.
Your Annual Salary
£
Monthly Pension Contribution
£
Method:
Relief at Source (personal pension)
Salary Sacrifice
Annual Tax Saving
£2,400
Real Cost to You
£3,600
Into Your Pension
£6,000
Pension Tax Relief Explained
Annual Allowance:
£60,000
(or 100% of earnings if less)
Basic rate relief (20%) added automatically by your provider
Higher rate (40%) claimed via Self Assessment
Salary sacrifice saves NI too — even more efficient
💡 Salary sacrifice saves ~8% more than relief at source because you avoid employee NI (8% from April 2024) on the sacrificed amount