Annual Allowance Income Calculator

WTW developed our AA IncomeCalc app to help individuals work out their Annual Allowance each tax year. The Tapered Annual Allowance rules are complex and it is down to the individual to work out and track their own position.

The interactive AA IncomeCalc app is available for FREE on iPhones, iPads and Android^TM smartphones. The application has a number of key features including:

1. 01

   Intuitive interface

   Helps individuals to navigate this complex topic in an easy and logical way via step-by-step calculations.

2. 02

   Numerical outputs

   Enables individuals to better understand the impact of the AA on their pension savings.

3. 03

   Help file

   Provides further information on the AA rules.

4. 04

   Confidential

   Ensures personal information is not transmitted online and never leaves an individual's phone.

5. 05

   Planning ahead

   Allows individuals to estimate their position for future years.

Frequently asked questions

• How do I get AA IncomeCalc?
  AA IncomeCalc is available for download on the App Store and on Google Play.
• How much does AA IncomeCalc cost?
  AA IncomeCalc is free to download and there are no usage charges.
• I'm an employer/pension manager – can I use AA IncomeCalc for my employees?
  Yes – you can tell your employees about the app and let them know where to find it. Your employees can then enter their personal information directly into the app without needing to share this information with you.

The app is ideal for complementing wider communication programmes you put into place to support employees through this complex area.