UK rules · pension.tapered_annual_allowance
Tapered annual allowance
How the annual allowance falls for high incomes, and its minimum.
Validated v1UKIn force 6 April 2026 onwards
| minimum | £10,000 |
| taper ratio | 50% |
| adjusted income | £260,000 |
| threshold income | £200,000 |
“For every £2 your adjusted income goes over £260,000, your annual allowance for the current tax year reduces by £1. The minimum reduced annual allowance you can have in the current tax year is £10,000. It will not be reduced if your threshold income for the current tax year is £200,000 or less”
Source: HMRC: www.gov.uk/guidance/pension-schemes-work-out-your-tapered-annual-allowance · checked 6 October 2026 · page last updated 16 July 2024
Version history
No changes have been published since the dataset was first verified.