Tax on your private pension contributions


Your private pension contributions are tax-free up to certain limits.

This applies to most private pension schemes, for example:

  • workplace pensions
  • personal and stakeholder pensions
  • overseas pension schemes that qualify for UK tax relief - ask your provider if it’s a ‘qualifying overseas pension scheme’

Limits to your tax-free contributions

You usually pay tax if savings in your pension pots go above:

You also pay tax on contributions if your pension provider:

  • is not registered for tax relief with HM Revenue and Customs (HMRC)
  • does not invest your pension pot according to HMRC’s rules