For UK financial advisers only, not approved for use by retail customers. Click here for the customer website.
Annual Allowance Calculator
Find out how Annual Allowance could impact your clients – whether the standard Annual Allowance or Tapered Annual Allowance applies, as well as the amount of unused allowance and carry forward.
- Covers three aspects of Annual Allowance
- View online and offline
- Save as a pdf for your reports
Key features of our Annual Allowance calculator
Three aspects of Annual Allowance
Enter your client’s existing and expected pension input amounts and this tool will show:
- the amount of unused Annual Allowance, including any carry forward
- if your client will be subject to the tapered Annual Allowance and have a personal Annual Allowance of less than the current £40,000. It will calculate the taper per tax year
- if an Annual Allowance excess exists
Support material to help you
- Annual allowance for pension savings article
- Carry forward of unused annual allowance for pension savings article
- Tapered annual allowance article
- How to use our annual allowance calculator tool
Learn about Annual Allowance and Pension Tax Relief, and how to use the calculator by watching this webinar
Available online and offline
Add this tool to your favourites and use it even when you’re not online.
Save as a pdf
To save the results as a pdf you’ll need to print them as a pdf. Find out how in our Handy Hints and Tips guide (PDF).
Guidance, but not advice
The results of the tool shouldn’t be considered as advice and is to aid you during your advice process. The results are based on our current understanding of legislation and HMRC practice. But these might change without notice and the tool doesn’t take into account all of the possible circumstances that could impact your clients.
Whilst you’re able to download this tool, we would always recommend using the version available online in case it changes.
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"Prudential" is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered Office at Craigforth, Stirling FK9 4UE. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company Limited. The Prudential Assurance Company Limited and Prudential Distribution Limited are direct/indirect subsidiaries of M&G plc which is a holding company registered in England and Wales with registered number 11444019 and registered office at 10 Fenchurch Avenue, London EC3M 5AG, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority. These companies are not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.