Pension Tax Relief Explained

Relief at source, net pay and salary sacrifice — how pension contributions get tax relief in the UK.

Reviewed against official HMRC guidance

Tax year
2026/27
Last reviewed
August 2026
Reading time
9 min

Why pension contributions get tax relief

Who this guide is for: For employees comparing workplace pension methods on a payslip or in the Income Tax Calculator.

The UK government encourages pension saving by giving tax relief on contributions within limits. In practice, that means part of what you save can reduce the Income Tax you pay — but the way it shows on your payslip depends on your scheme.

Most workplace schemes use one of these methods:

  • Relief at source — you pay from take-home pay; the pension provider claims basic-rate tax relief from HMRC and adds it to your pot.
  • Net pay arrangement — your employer takes the contribution from pay before Income Tax is calculated, so relief arrives through payroll.
  • Salary sacrifice — you agree a lower cash salary in return for a pension contribution; see Salary Sacrifice Explained.

Separate annual limits on how much pension saving counts for the year are covered in Pension Annual Allowance Explained.

Compare net pay and relief at source

Salary sacrifice changes contractual pay and usually National Insurance as well as Income Tax — the full caveats live in Salary Sacrifice Explained. This table focuses on the two methods that mainly differ in how Income Tax relief is delivered.

Net pay versus relief at source for 2026/27 workplace pensions.
AspectNet payRelief at source
Where the contribution is takenDeducted from gross before Income TaxFrom net pay
Taxable pay falls?YesNo
Employee NI falls?NoNo
Provider adds basic-rate relief?Not applicable (pre-tax)Yes (20%)
Further relief may need claiming?No — marginal rate via payrollYes for higher/additional-rate taxpayers

Why the percentage on your payslip may not match the amount leaving your bank

  • Qualifying earnings — many auto-enrolment schemes apply the percentage only to a band of pay (often from £6,240.00 to £50,270.00 in 2026/27), not to your full salary.
  • Full gross salary basis — some schemes apply percentages to total pay instead.
  • Relief at source — you may pay 80% of the gross contribution from your bank while the provider adds basic-rate relief.
  • Employer contributions — appear in the pension, not as a deduction from your net pay.

Worked example

£45,000 with £2,400.00 employee contribution

Tax year 2026/27 · England · tax code 1257L · no student loan · National Insurance category A. Figures from Sorvuna's Income Tax Calculator.

£45,000 with £2,400.00 employee contribution
Take-home — salary sacrifice£34,192.08
Take-home — net pay£34,000.08
Take-home — relief at source£34,000.08
Employee NI — salary sacrifice£2,401.92
Employee NI — net pay£2,593.92
Employee NI — relief at source (key figure)£2,593.92
Relief at source — amount you pay from take-home£1,920.00
Relief at source — basic-rate relief added by provider£480.00

Estimate take-home pay with different pension methods Use the Income Tax Calculator

Frequently asked questions

What is relief at source?

Your pension provider claims basic-rate tax relief (20%) from HMRC and adds it to your pot. You pay contributions from net pay; if you are a higher-rate taxpayer you claim the extra relief through Self Assessment or your tax code.

What is a net pay arrangement?

Your employer deducts pension contributions from gross pay before tax is calculated. You get full tax relief at your marginal rate automatically — no need to claim higher-rate relief separately.

Is salary sacrifice a form of tax relief?

It achieves a similar outcome by reducing taxable pay, and also saves National Insurance. It is a contractual arrangement rather than a relief claim, but the pension still receives the agreed contribution.

Why doesn't the percentage on my payslip match what leaves my bank?

Schemes may calculate contributions on qualifying earnings rather than full salary, use net versus gross amounts under relief at source, or show employer contributions separately. Check whether the rate applies to banded earnings or total pay.

Official sources

Related calculators

Related guides

Next steps

This guide is for general information only. It is not tax, legal or financial advice. Always check the official guidance for your situation.