How this calculator works
The tax due is the income tax on your other income plus the taxable part of the withdrawal, minus the tax on your other income alone, using 2026/27 rates for England, Wales and Northern Ireland. It includes the loss of the Personal Allowance between £100,000 and £125,140.
The emergency tax estimate assumes your provider uses tax code 1257L on a "month 1" basis: one-twelfth of the Personal Allowance and of each tax band. Providers and tax codes vary, so treat it as a rough guide to how much may be taken at first.
It doesn't cover Scottish income tax, the lump sum allowance cap (£268,275 of tax-free cash in total) or the State Pension being paid without tax deducted. Read how pension withdrawals are taxed for the full rules.
Sources and assumptions
This calculator gives an estimate based on the rules shown. It is not personal financial advice. Check your own figures with your pension provider, GOV.UK or a regulated adviser before you act.
