NOW: Pensions operates under a Net Pay Arrangement. That means that pension contributions are deducted from your earnings before tax is calculated. For the majority of our members, that means that income tax relief is immediately obtained at the highest rate paid. However, for members whose total earned income is less than £12,500, this may mean that you are losing out on a small amount of tax relief.

If you are making auto-enrolment minimum contributions, the maximum amount of tax relief which you have missed out on during the full 2019/20 tax year will be £63.64. NOW: Pensions is prepared to make a contribution of the amount of lost income tax relief directly into your pension fund. We are not able to make a payment directly to you. Don't forget that if the money is credited to your pension fund, you will not be able to access it until you are at least age 55.

Claim form – For tax relief top up

The Tax Top Up claim window for the 2019/20 tax year has now expired. The claim window for 2020/21 tax year will be available shortly.