Pensions annual allowance calculator taken offline
19 April 2018
Due to an issue with the pensions annual allowance calculator, HMRC has temporarily removed online access to it.
HMRC has informed us that following the addition of the 2018 to 2019 tax year, the pensions annual allowance calculator isn’t working as it should in some cases. Because this isn’t in line with the level of service that HMRC is committed to provide and to make sure customers get the right results from the calculator in future, HMRC has temporarily removed access to the calculator until it has updated it.
HMRC apologise for any inconvenience caused by this.
Pension scheme members can find general guidance on annual allowance at tax on your private pension contributions: Annual allowance - GOV.UK.
More detailed guidance can be found in the Pensions Tax Manual available on GOV.UK. This will help scheme members to work out whether they’ve exceeded their available annual allowance and whether they’ll incur a tax charge.
HMRC is working to update the annual allowance calculator and will update us on progress in the Pension schemes newsletters - GOV.UK.