AA IncomeCalc

Towers Watson Ltd

About this app

AA IncomeCalc is an interactive application designed to help you estimate the total amount of tax relievable pension savings you are allowed to make over a tax year, based on your income.

AA IncomeCalc will help you:

 • Understand the annual allowance (AA) rules introduced in April 2016, which link the amount of tax relievable pension savings you can build up each year to your income.

 • Navigate this complex topic in an easy and logical way via step-by-step calculations.

 • Better understand the impact of the AA on your pension savings through numerical outputs.

 • Keep control of your personal information – data is not transmitted online and never leaves your phone.

 • Plan ahead by estimating your position for future years.

Please note that the issues associated with the AA are complex and therefore, you should not take any action without first reviewing the options offered by your employer and, if necessary, seeking specific financial advice.

For support or questions, please email: [e-mail]

What’s new

Inclusion of the 2026/27 Tax Year