A pension that's good for the planet

For any contributions made to your CIRCA5000 Personal Pension you’ll receive a 25% top up (also known as basic rate tax relief) from the Government. This means if you add £1,000 to your CIRA5000 pension, you’ll receive a top up payment of £250 in tax relief from the Government.

We'll automatically claim this basic rate tax relief for you, so there's nothing more you need to do once you’ve made your contribution.

It takes about 8-12 weeks for tax relief to land in your CIRCA5000 Pension and it will appear as a transaction in your Activity section once applied. Any tax relief payments of over £5 will be invested in your pension portfolio within 1-2 working days of it being applied to your account.

In addition to the basic rate tax relief which we'll claim for you, you can claim further tax relief yourself of: (1) 20% for any income you've paid 40% tax on, and; (2) 25% for any income you've paid 45% tax on. To claim any additional tax relief you will need to contact HMRC.

CIRCA5000 does not facilitate tax relief claims above the basic rate tax relief and we don’t provide tax advice. The amount you can contribute to a pension and the amount of tax relief you can claim depends on your personal circumstance. Tax and pension rules are subject to change and if you’re unsure what relief you are entitled to, you should consult a suitably qualified adviser.

You can transfer pensions from other providers to your CIRCA5000 Personal Pension and we don’t charge for this.

Just open a CIRCA5000 pension then tap ‘Transfer in a Pension’ to start. We’ll need to know your current pension provider and your policy number which you’d like to be transferred. Or, if you’re unsure who your pension provider is, you can tap ‘Help me find my lost pension’ to let us know your old employer and we’ll help to trace this for you.

Please be aware we can't accept transfers of the following:

• Pensions which are in drawdown;
• A full transfer of an employee pension if your employer is currently contributing towards it (unless your scheme allows you to make a partial transfer out without losing employer contributions);
• Defined Benefit pension schemes;
• Pensions which provide safeguarded benefits.

Our support team is on hand to help if you have any questions, just email hi@circa5000.com or get in touch using your in-app chat.

You have a personal pension allowance of how much can be paid into your pension each tax year. This is usually the lowest of either (1) your annual salary, or (2) £40,000. However, if you have an adjusted annual income of £240,000 or more, or you haven’t paid income tax, then your pension allowance will differ.

Please be aware that your allowance includes your own personal contributions, employer contributions, and basic rate tax relief received from the Government.

CIRCA5000 doesn’t offer tax advice, so if you’re unsure about your personal pension allowance please speak with a suitably qualified financial advisor.

You can choose to make one-off contributions as and when you like, or set up a regular contribution which will be collected automatically - or even both.

The minimum contribution must be £5 and can only be collected from your registered debit card.

You can make a one-off contribution by opening your Personal Pension in the app and tapping ‘Add money.’ Or you can set up regular contributions by tapping the 'Regular payments' button and following the easy steps to set up a regular monthly payment and/or Round-ups.

You have the flexibility to increase, decrease (or even stop) your regular contributions at any time if you need to.