Pensions Checked 2026-08-11

Pension annual allowance

£60,000 (MPAA £10,000; taper to £10,000 minimum from £260,000 adjusted income)
per year · valid 2026-04-06 → 2027-04-05

What is the Pension annual allowance right now?

The current figure is £60,000 (MPAA £10,000; taper to £10,000 minimum from £260,000 adjusted income) (per year), effective from 2026-04-06 to 2027-04-05, according to HMRC / gov.uk. Last checked against the official source on 2026-08-11.

Unchanged since April 2023. Lifetime allowance abolished April 2024 (replaced by lump sum allowances).

Cite this figure

The Pension annual allowance is £60,000 (MPAA £10,000; taper to £10,000 minimum from £260,000 adjusted income) (per year), effective 2026-04-06 to 2027-04-05. Source: HMRC / gov.uk (https://www.gov.uk/government/publications/rates-and-allowances-pension-schemes/pension-schemes-rates), via UK Rates & Thresholds (rates.trycashpilot.com), checked 2026-08-11.

Official sourceHMRC / gov.uk
Valid from2026-04-06
Valid to2027-04-05
Last checked2026-08-11
Machine-readableJSON for this figure

History

Previous values
£60,000 / £10,000 from 2023-04-06
£40,000 / £4,000 in 2022/23

More Pensions figures

New State Pension deferral rate · Auto-enrolment minimum pension contributions · Pension lump sum allowances (post-LTA) · New State Pension (full weekly rate) · all Pensions

This is data, not advice. Figures are republished from official sources with links and dates. Always verify with the linked official source before acting.