Check whether pension contributions exceed the UK annual allowance (£60,000 for 2024/25) or the tapered annual allowance for high earners. Includes money purchase annual allowance (MPAA) of £10,000 if you've already flexibly accessed a pension.
Enter the values for the scenario you are assessing. Check whether pension contributions exceed the UK annual allowance (£60,000 for 2024/25) or the tapered annual allowance for high earners. Includes money purchase annual allowance (MPAA) of £10,000 if you've already flexibly accessed a pension. Use the uk pension allowance result to inform your calculation.