SIPP tax relief
calculator
The government literally hands you money for saving into a pension. A higher-rate taxpayer putting £100 into a SIPP only pays £60 out of pocket. See exactly what your contributions cost you.
Government top-up
For every £80 you put in, the government adds £20. Higher-rate taxpayers save even more.
True cost calculator
See what your pension contribution actually costs you after all tax relief.
Growth projection
Project your pension pot value at retirement with compound growth.
SIPP tax relief calculator
See how much tax relief you get on your pension contributions, what your SIPP could be worth at retirement, and whether you're within the annual allowance.
Gross salary before tax. Used to check your annual allowance.
Higher and additional rate taxpayers can claim extra relief via self-assessment.
The amount you pay in each month. Your SIPP provider adds basic rate relief on top.
7% is a common long-term assumption before inflation. Not guaranteed.
You can't access your SIPP until age 55 (rising to 57 from 2028).
Tax relief by band
£100 in your SIPP costs you £80
£100 in your SIPP costs you £60
£100 in your SIPP costs you £55
Common questions
How does SIPP tax relief work?
Your SIPP provider automatically claims basic-rate (20%) tax relief. For every £80 you contribute, £100 goes into your SIPP. Higher-rate (40%) and additional-rate (45%) taxpayers claim extra relief through their self-assessment tax return.
What is the annual allowance?
You can contribute up to £60,000 per year (or 100% of your earnings, whichever is lower) and receive tax relief. If you have unused allowance from the previous 3 tax years, you can carry it forward.
When can I access my SIPP?
Currently from age 55, rising to 57 from April 2028. When you access it, 25% comes out completely tax-free and the rest is taxed as income.
Key rules
- Annual allowance: £60,000 or 100% of earnings
- Carry forward unused allowance from 3 prior years
- Access from age 55 (57 from April 2028)
- 25% tax-free lump sum on withdrawal
- Basic-rate relief claimed automatically by provider
Pension provider not playing fair?
Delayed transfers, hidden charges, or poor service from your SIPP provider? We'll help you escalate it properly.
Start your free complaint