12/02/2026
End of Tax Year Reminder – Don’t Miss Out on Pension Tax Relief!
As we head towards the end of the tax year, it’s the perfect opportunity to check whether you’ve made the most of the pension allowances available to you. A well-timed contribution can reduce your tax bill and boost your long-term retirement pot.
If You’re Employed:-
• You receive 20% tax relief automatically on personal pension contributions.
• Higher rate and additional rate taxpayers can usually claim extra relief through your tax return.
• Many people don’t realise they’re able to use unused allowance from the previous three tax years (known as carry forward).
If You’re Self Employed
• Pension contributions help reduce your taxable profits.
• You still receive the same 20% automatic tax relief, with higher rate relief available through Self Assessment.
• Ideal if your income fluctuates and you want to smooth out your tax position before the year closes.
If You’re a Limited Company Director
• Your company can make employer pension contributions, which are usually treated as an allowable business expense.
• This can reduce Corporation Tax while building your personal retirement savings.
• Often more efficient than paying the money as salary or dividends.
Why Act Before 5 April?
Once the tax year ends, unused pension allowance for 2025/26 is gone and with it, some of the most generous tax breaks available in the UK.
If you own a limited company, the deadline may not be the 5th April (usually your specific year end date).
If you’d like help working out how much you can contribute, or the most tax efficient way to do it based on your setup, we’re here to help!
☎️- 01637 851444 📧- [email protected]
