Pension tax calculator
Thinking about cashing in your pension pot? Beware, you could end up paying more tax than expected.
The first 25% of the amount you're withdrawing from your pension pot will be tax-free. The remainder will be taxed at your highest tax rate because it is added to the rest of your income. Importantly, you could end up paying tax at higher rates than expected; up to 45%.
Why use the FREE pension tax calculator?
- Instant results online
- There's no need to tell us your name, address or email
- Get an indication of your tax payment
- See how much cashing in your pension pot could cost you
Find out how much tax you could end up paying by using our free calculator today.
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