Updated
for 24/25
tax year
pension.allowance@lemonadereward.com
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ANNUAL ALLOWANCE
VIDEO
CALCULATOR
WHAT ACTION CAN I TAKE?
Annual Allowance
Calculator
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Salary and salary sacrifice
Are you making employee pension contributions via salary sacrifice?
Yes
No
Basic annual salary
(after sacrifice if applicable)
£
Required field
Is your salary sacrifice agreement dated after 8th July 2015?
Yes
No
Total annual employer contributions
(including salary sacrifice if applicable)
£
Add in other income you pay tax on (£pa)
Bonus, car allowance and overtime
£
Benefits in Kind
(as shown on your P11d tax form)
£
Investment income
£
Other taxable income
£
Take off any employee pension contributions (£pa)
Annual employee pension contributions (gross)
(if not made via salary sacrifice)
£
Threshold Income
£ {{ thresholdIncomeAnimate | number:0 }}
Adjusted Income
£ {{ adjustedIncomeAnimate | number:0 }}
N/A
Result
Estimated Allowance
£ {{ estimatedAllowanceAnimate | number:0 }}
Annual Allowance Exceeded?
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Current Contributions
£ {{ currentContributionsAnimate | number:0 }}
Potential Tax Charge
£ {{ potentialTaxChargeAnimate | number:0 }}
What action can I take?
print/save
Still unsure…? We are here to help.
Send us an email
pension.allowance@lemonadereward.com