UK pension withdrawal planner

Your pension. Your money.
See what tax takes first.

A first flexible withdrawal can be taxed as if it happens every month. Work out what lands in your account, what you actually owe, and how to get overpaid tax back.

Plan your withdrawal

Before or after taking your pension. All amounts in pounds.

1 The payment

Where do you pay income tax? Withdrawal date6 April 2026 – 5 April 2027 only. Withdrawal typeUFPLS is a lump sum from an uncrystallised pension. Taxable drawdown excludes any separate tax-free cash. Gross withdrawal (£)The full payment before tax is deducted. Other income this tax year (£)Expected salary, State Pension, DB pension and rental profit, before the Personal Allowance. Exclude this withdrawal and prior flexible pension payments.

2 Provider tax

Tax code or actual deduction

Earlier withdrawals & planning amount

Prior taxable flexible pension (£)Already taken in 2026/27. Enter only the taxable part, separately from other income.Tax-free pension cash used before (£)Cumulative cash counting against the £268,275 Lump Sum Allowance, including earlier years.Small trigger amount (£ gross)For the take-a-small-payment-first comparison.

3 Find your reclaim route

This withdrawal empties the pension potI plan further flexible payments before 5 April 2027I have stopped workingI receive taxable benefitsI file a Self Assessment returnI still contribute to a defined-contribution pension

No names, NI numbers or policy numbers. Calculating saves your figures for 180 days. Anyone with the generated share link can read them.

Know before you withdraw

A big deduction doesn’t always mean a big tax bill.

Emergency “Month 1” tax gives a single payment just one twelfth of the annual allowance and bands. Your final tax is based on the whole year.

EXAMPLE · TAX WITHHELD£11,878.20

EXAMPLE · ACTUALLY DUE£6,000.00

Illustration: £40,000 UFPLS, £20,000 other income, rUK, unused standard LSA, 1257L Month 1. Your result depends on the details on the left.

1See the numbers.
Tax-free cash, emergency deduction and true tax, band by band.
2Know your next step.
P55, P53Z, P50Z, a later-payment refund or a tax shortfall.
3Compare your timing.
A small trigger first, your next tax threshold, or two tax years.

An educational planning tool, not regulated advice. Uses 2026/27 rates only. Your provider and HMRC determine the final treatment.

Your pension. Your money.See what tax takes first.

Plan your withdrawal

A big deduction doesn’t always mean a big tax bill.

Your pension. Your money.
See what tax takes first.