RPSM15104020 - Technical Pages: Special annual allowance: Protected inputs - new and re-activated: How are pensions savings calculated?

This guidance only applies for the 2009-10 and 2010-11 tax years.

How are pension savings calculated?

To determine what amount of new pension saving is made during the 2009-2010 or 2010-2011 tax years the individual’s total pension input amounts must be determined for the respective tax year.

An amount representing protected pension input amounts can be deducted from that total pension input amount figure to arrive at the total adjusted pension input amount. The total adjusted pension input amount is then tested against the individual’s available special annual allowance.