Tax on a taxable pension withdrawal calculator UK
Estimate extra annual Income Tax from a wholly taxable pension withdrawal. Check the formula, worked example and limits before using your own figures.
Enter your figures
Extra annual Income Tax on withdrawal
Inputs changed. Select Calculate result to update your estimate.
Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. 2026/27 annual liability estimate, not emergency PAYE deducted by a provider. Enter only the taxable part; tax-free cash is excluded. No savings, dividends, special reliefs or NI on pension income.
How the tax on a taxable pension withdrawal calculator uk works
Extra tax = Income Tax on other income plus taxable withdrawal minus tax on other income alone.
UK data and rules
2026/27 data · Checked 16 October 2026. Rules are a dated snapshot, not a live feed.
Read about data coverage and updates
Worked example: tax on a taxable pension withdrawal
This illustration uses the calculator’s example inputs. It is not a quote or a recommended financial decision.
- Other annual non-savings taxable income before allowances (£)
- 20,000
- Wholly taxable pension withdrawal (£)
- 10,000
- Country for tax purposes
- England
Extra annual Income Tax on withdrawal: £2,000.00
Extra tax = Income Tax on other income plus taxable withdrawal minus tax on other income alone.
Tax on a taxable pension withdrawal: questions answered
What does the tax on a taxable pension withdrawal calculation include?
Extra tax = Income Tax on other income plus taxable withdrawal minus tax on other income alone. Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. 2026/27 annual liability estimate, not emergency PAYE deducted by a provider. Enter only the taxable part; tax-free cash is excluded. No savings, dividends, special reliefs or NI on pension income.
Using your result
Example inputs are a starting point. Replace them with your figures and select Calculate result. Results are rounded for display; calculations use unrounded values.
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