Dental Accountants HarrowDental·Harrow
Menu
Free tool · NHS pension · 2024/25 & 2025/26

NHS annual allowance estimator.

Rough estimate of your pension input amount (PIA) and whether you'll breach the £60,000 allowance. Simplified vs. the official Total Reward Statement calculation — but good enough to flag whether to commission a specialist.

— Your inputs
£

The figure on your NHS pension records, not your total income. For most dentists, broadly the NHS contract income.

years

Approximate — from NHS pension statement or your career start. Affects CPI revaluation.

£

Income outside the NHS pensionable pay. Matters for the £260,000 taper threshold.

Estimated pension input amount (PIA)
£42,566
Your pension growth this year, in HMRC's tax language
Your annual allowance
£60,000
Standard £60,000 — you are below the taper threshold
Likely within allowance
£17,434 headroom
PIA £42,566 against £60,000 allowance
If your NHS pensionable pay jumps next year (partnership promotion, senior partner step-up, contract uplift), the PIA can rise sharply — worth modelling proactively.
Get a specialist review — free

Simplified estimate. Real PIA comes from your NHS Total Reward Statement and involves opening vs closing entitlement comparison with HMRC-specific CPI revaluation. Scheme Pays elections have strict deadlines — by 31 July the year after the tax year in question.

— Honest limits

What this doesn't do.

  • Estimates PIA using simplified accrual math rather than the exact opening-vs-closing-entitlement method HMRC uses. Expect 10–20% variance from your Total Reward Statement.
  • Assumes a single scheme. If you have pensionable service across 1995, 2008 and 2015 schemes, the real calculation handles each separately.
  • Doesn't model carry-forward from the three prior tax years — which often absorbs one-off spikes entirely. A specialist will check whether you have unused allowance to use.
  • Doesn't handle the Scheme Pays election. For charges over £2,000, Scheme Pays has strict deadlines (31 July after the relevant tax year) and the election is irreversible.
— About this tool

Questions.

Why doesn't this match my Total Reward Statement exactly?+

The Total Reward Statement calculates PIA using your exact NHS pension records — opening entitlement, CPI revaluation, closing entitlement, lump sum growth — all at HMRC-specific valuation rates. This tool uses a simplified accrual-based approximation. For a one-off spike or an unusual career pattern, the two numbers can diverge by 10-20%. For routine planning, this tool is good enough to flag whether you need specialist review.

What is the taper and should I worry about it?+

If your adjusted income exceeds £260,000, your annual allowance reduces by £1 for every £2 over, down to a minimum of £10,000. Adjusted income includes your NHS pensionable pay, other income, and the PIA itself — which is why a dentist with £200k NHS + £70k private + £40k PIA already sits in the taper zone. A specialist models this properly.

I have PIAs from multiple NHS schemes (1995, 2008, 2015) — does this cover that?+

This tool models a single scheme at a time. If you have pensionable service across multiple NHS schemes, the PIAs add up but each is calculated against the scheme's own accrual rules and lump-sum factors. Use the 'Legacy' option here as a rough approximation for service in 1995 and 2008 schemes combined. A specialist will calculate each scheme separately for the real answer.

What is carry-forward and will it save me?+

If you have unused annual allowance from the previous three tax years, you can carry it forward to absorb a spike. Most NHS dentists in stable careers have been using close to their allowance, so carry-forward is not a blank cheque — but for dentists who took partial years, career breaks, or had low-contribution years, there can be £50k+ of carry-forward available. A specialist calculates it against your actual TRS data.

If I do breach, what's the actual process?+

You report the excess on your self-assessment tax return. You can either pay the charge personally or elect Scheme Pays — where the NHS pension pays the charge on your behalf and permanently reduces your future pension by an actuarial factor. Mandatory Scheme Pays is available for charges over £2,000 that relate solely to the NHS scheme exceeding the standard allowance. Voluntary Scheme Pays is wider but has a separate deadline. A specialist handles the election — miss the 31 July deadline and you lose the option.

— Beyond the calculator

Where a specialist picks up.

Annual allowance work is typically done alongside self-assessment. A specialist runs the full carry-forward waterfall against your Total Reward Statement and handles the Scheme Pays election before the deadline — these pages cover the service and the NHS-dense catchments where it matters most.

— Want the real number?

Match with a specialist.

A calculator gets you in the ballpark. A specialist gets you the answer you can bank on.

Get matched — free