Before any pension deduction or sacrifice

Relief at source: from your bank. Net pay or sacrifice: from payroll

Rent, a second job, a pension: not interest

More: other income, employer NI, April 2029 rulesNow: Employer NI added (sacrifice) 0% · Salary sacrifice rules Now (2026/27)

Share of its own NI saving your employer pays in

Example, not your result yet· change a figure to see yours

Goes into your pension

£3,750

Costs you £3,000: 20% comes from tax and NI relief (basic rate taxpayer).

You pay from your bank£3,000
Added by your provider (20%)£750
To claim back from HMRC£0
Cost to your take-home pay£3,000
80%
20%
From your pay
Income Tax relief
NI saved
How this is calculatedHMRC rates 2026 to 2027, rest of UK and Scotland. Savings and dividend income are not modelled.

Independent tool by Pension Relief Calc, not a government service · pension tax relief 2026/27, worked out in your browser

Contains public sector information licensed under the Open Government Licence v3.0.