How much can I pay into my pension?

The most you can pay into pensions and still get tax relief is £60,000 per year or 100% of your earnings, whichever is lower. This limit is called the annual allowance, it includes:

your pension contributions
employer pension contributions
any tax relief you receive
third party pension contributions (for example, from a spouse)

Learn more about the annual allowance at HMRC

Unused allowances

You may be able to pay more than the annual allowance if you have unused allowances.

Visit Gov.uk

Money purchase annual allowance (MPAA)

If you have gone above the money purchase annual allowance (MPAA) the amount you can contribute will go down.

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Total income above £260,000

If you are a high earner with a total income above £260,000 your annual allowance in the current tax year will be reduced. You can work out your reduced (tapered) annual allowance.

Visit Gov.uk

Need more help?

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Getting help in difficult circumstances

Please contact us if you’re having financial difficulties, navigating a difficult time in your life, or if your mental wellbeing is affected. This happens to many in these uncertain times. We’re here to help.

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