Income & Tax Tracker

SMBC Pension · 3 mo logged

Gross YTD£2,949.00

Tax paid YTD£0.00

Personal Pension · 4 mo logged

Gross YTD£8,000.00

Tax paid YTD£0.00

StatusTax-free cash

SHG Salary · 4 mo logged

Gross YTD£6,689.70

Tax paid YTD£1,211.40

Expected tax YTD £1,274.61 -63

NI paid YTD£199.83

Expected NI YTD£199.98

Monthly tax paid expected tax shown as dashed/solid lines

Log a month

Year

Month

SMBC Pension

Gross paid this month (£)

Tax paid (£)

Notes

Personal Pension

Gross paid this month (£)

Tax paid (£)

Taxable this month (unchecked = tax-free cash)

Notes

SHG Salary

Gross paid this month (£)

Tax paid (£)

NI paid (£)

Tax code this month

Employee pension (£)

Employer pension (£)

Notes

Leave a source's gross field blank to skip logging it for this month. Saving updates any existing entry for the same month/source.

Tax year 2026-27

Month	SMBC Gross	SMBC Tax	PP Gross	PP Tax	PP Exp. Tax	SHG Gross	SHG Code	SHG Tax	Exp. Tax	SHG NI	Exp. NI	Employee Pen.	Employer Pen.
Apr 2026	—	—	£2,000.00	£0.00	£400.00	—	—	—	—	—	—	—	—
May 2026	£983.00	£0.00	£2,000.00	£0.00	—	£1,549.83	36l	£283.20	£297.97	£40.17	£40.19	£0.00	£0.00
Jun 2026	£983.00	£0.00	£2,000.00	£0.00	—	£1,713.29	76l	£300.40	£316.66	£53.22	£53.26	£77.51	£108.51
Jul 2026	£983.00	£0.00	£2,000.00	£0.00	—	£1,713.29	76l	£313.80	£329.99	£53.22	£53.26	£85.66	£119.93
Aug 2026	—	—	—	—	—	£1,713.29	76l	£314.00	£329.99	£53.22	£53.26	£85.66	£119.93

SHG "Exp. Tax" / "Exp. NI" are calculated PAYE estimates using cumulative allowance from its tax code (bands: 20% to £50,270, 40% above; NI 8%/2% on employment income only). "PP Exp. Tax" assumes a flat 20% BR rate with no allowance — the code HMRC applies to a second pension once the SMBC pension takes the full personal allowance — and only appears once Personal Pension is marked taxable. Compare these to what actually landed in your account each month, then reconcile against the P60 below at year end.

P60 reconciliation Tax year 2026-27

Source	P60 NI	Logged Gross	Logged Tax	Variance
SMBC Pension	n/a	£2,949.00	£0.00	—
Personal Pension	n/a	£8,000.00	£0.00	—
SHG Salary		£6,689.70	£1,211.40	—

Enter the final figures off each P60 once it arrives. Variance shows logged-total minus P60-total — should settle near £0 if every month was logged accurately.

Settings — reference amounts, tax codes & TFC status

SMBC Pension

Reference annual gross (£)

Currently taxable (flip off while it's tax-free cash)

Personal Pension

Reference annual gross (£)

Currently taxable (flip off while it's tax-free cash)

Once taxable, expected tax assumes a flat 20% BR rate with no allowance — the code HMRC applies to a second pension once SMBC's pension has taken the full personal allowance.

SHG Salary

Reference annual gross (£)

Default tax code

Currently taxable (flip off while it's tax-free cash)

The Personal Pension's tax-free cash will run out eventually — flip "Currently taxable" on here once HMRC starts taxing the drawdown, then log tax paid each month from that point.

SHG Pension Pot all-time — not limited to the selected tax year

Contributions to date

Employee (EE)£248.83

Employer (ER)£348.37

Total paid in£597.20

Latest valuation

As of21 Aug 2026

Fund value£603.79

Contributions to that date£597.20

Growth vs contributions

Gain / loss +£6.59

Percentage +1.1%

Monthly EE / ER contributions

Month	Employee	Employer	Month total	Running pot (contributions)
May 2026	£0.00	£0.00	£0.00	£0.00
Jun 2026	£77.51	£108.51	£186.02	£186.02
Jul 2026	£85.66	£119.93	£205.59	£391.61
Aug 2026	£85.66	£119.93	£205.59	£597.20

Add a pot valuation

Date	Fund value	Contributions to date	Gain / loss	%
21 Aug 2026	£603.79	£597.20	+£6.59	+1.1%
14 Aug 2026	£607.97	£597.20	+£10.77	+1.8%

Growth compares each valuation's fund value against total EE + ER contributions paid in up to that date — it's a simple paid-in-vs-worth check, not a true investment-return (money-weighted) calculation, since it ignores when in the year each contribution landed.