Pension tax calculator
Find out the amount and percentage rate of income tax you’ll need to pay on any pension funds you withdraw.
The value of the account can go down as well as up, and the trust beneficiaries may get back less than you invest. The way investments have performed in the past is not a guide to how they’ll perform in the future. Tax rules depend on individual circumstances and may change. Speak to your financial adviser if you need more information on tax.
You’re aged between 18 and 89
You want to make an absolute gift of at least £50,000 for named beneficiaries
You want to make an absolute gift but still maintain some control over the trust and the account
You want to have some control over when the beneficiaries can access the trust assets
You don’t want the beneficiary to cash-in the policy before it ends
You have less than £50,000 to invest
You want to maintain ownership and access to your gift
You might want to change the beneficiary in the future
You might want to add more money to the trust at a later date
Our case study illustrates the steps clients need to consider and how our Controlled Access Account can help.Read