From policy document to cited calculation.
Extract policy figures, check them, and produce HMRC-cited calculations.
AI never does the maths. It reads figures off documents for you to confirm.
Until your firm holds our signed data processing agreement, use made-up figures, not real client data.
The output is a document you can file.
Saved calculations produce PDFs like this.
A sample PDF with a fictional client. It has no logo or brand colour, as on the Free plan; Pro and Firm add yours.
See a sample annex, worked example for 2025-26 (PDF)
- The figure, and the working behind it
- The HMRC manual references behind the working
- Your firm branding on Pro and Firm
- The client reference and preparation date
Compare the estate before the pension change with its position from 6 April 2027, when many unused pension funds and death benefits enter the estate for inheritance tax.
Pension IHT (April 2027) →Upload. Review. Calculate.
Upload a provider statement, P60, DB or DC annual statement, or a bond chargeable-event certificate. ParaplanAI extracts the figures; you check and confirm every extracted figure before calculating.
Review the figures alongside their source. Reuse the confirmed policy facts in your calculation and research pack.
Plan Information Research Pack — included.
Confirm the extracted fields once and the same facts produce a Plan Information Research Pack — a plain-English summary of the policy facts you can save to the file, attach to a client, and export as PDF or Word. The same confirmed facts also feed the calculation — no second upload, no re-keying.
- Editable Word document and a PDF
- Your logo and colours on Pro and Firm
- Every unconfirmed field flagged
- Confirm once — no re-keying
Uploaded PDFPlan_Information.pdf · 14 pages
Plan information
A provider letter containing the planholder, policy reference, transfer route and benefit options is ready to be checked.
- Provider
- Aldermere Assurance
- Plan number
- 742KX318
- Planholder
- Eleanor Whitcombe
Structured output7 fields · ready for your review
Extracted record
Awaiting your review- Provider
- Aldermere Assurance
- Adviser firm
- Sample Adviser Firm (fictional)
- Plan number
- 742KX318
- Planholder
- Eleanor Whitcombe
- Date of letter
- 10 December 2025
- Transfer route
- Origo Options
- UFPLS available
- Yes
Choose a calculation, run the figures.
Choose your calculation, run it on the confirmed figures, and save it to the file.
Lump Sum Allowance, TTFAC, top-slicing relief, annual allowance and carry-forward — pick one, run it on the figures you confirmed, and save the calculation to the client file. AI never does the maths: it reads figures off documents for you to confirm, and on Pro and Firm it powers Pan, which answers questions from a client’s stored facts and computes nothing. You can try the bond calculator now, with no sign-up.
- Step 1
Document
Upload a policy statement (provider packs: firm owners, in beta).
- Step 2
Review
Check and confirm every extracted figure.
- Step 3
Calculate
HMRC-cited arithmetic, every step shown.
- Step 4
Save PDF
A report with the result and working for the client file.
Copy the working, paste it into your report.
When you are signed in, a filed annual allowance, carry-forward, chargeable event gain or top-slicing relief calculation has a Copy into report button; if a run’s figures are held back, nothing is copied and you are shown why. It pastes into Word or Google Docs as formatted text, or as plain text, with the figures, workings, HMRC references, Calculation ID and disclaimer; the client’s name, client reference, plan number and provider are left out.
Annual allowance and carry forward: tax year 2025/26
Status: Final (filed 12 October 2026)
Result: No annual allowance charge arises for 2025/26. Available allowance £15,000.00.
| Working | Amount |
|---|---|
| Standard annual allowance (PTM051100) | £60,000.00 |
| Carry forward available (PTM055100) | £35,000.00 |
| Total allowance | £95,000.00 |
| Pension input tested (PTM053100) | £80,000.00 |
| No excess | £0.00 |
Calculation ID 1a2b3c4d (full ID 1a2b3c4d-5e6f-4789-8abc-def012345678) · Rules version 2025-26-v1.16 · Prepared 12 October 2026 · Example Firm Ltd · ParaplanAI
For planning and illustration purposes only. Verify all inputs against source documents. This tool does not constitute financial or tax advice.
Chargeable event gain and top-slicing relief: tax year 2025/26
Status: Final (filed 12 October 2026)
Result: Net additional tax due £12,000.00.
Top-slicing relief £8,846.00.
Chargeable gain £60,000.00 (N = 6 complete years). Tax used to calculate relief £8,846.00; annual equivalent £10,000.00.
| Input | Recorded value |
|---|---|
| Other non-savings income | £35,000.00 |
| Bond type | Offshore |
| Income tax treated as paid (certificate) | No |
| Working | Amount |
|---|---|
| Chargeable event gain (before any TAR, IPTM3500) | £60,000.00 |
| Step 1: tax with the full gain in income, tax payable | £25,332.00 |
| Step 1 of the relief calculation | £13,332.00 |
| Step 2: tax without the gain (relief calculation basis) | £4,486.00 |
| Tax used to calculate relief | £8,846.00 |
| Step 3: annual equivalent | £10,000.00 |
| Step 5: top-slicing relief | £8,846.00 |
| Net tax: tax with the gain, after relief | £16,486.00 |
| Net tax: less tax without the gain | £4,486.00 |
| Net additional tax due | £12,000.00 |
Calculation ID 1a2b3c4d (full ID 1a2b3c4d-5e6f-4789-8abc-def012345678) · Rules version 2025-26-v1.16 · Prepared 12 October 2026 · Example Firm Ltd · ParaplanAI
For planning and illustration purposes only. Verify all inputs against source documents. This tool does not constitute financial or tax advice.
Every figure, traced back to the manual.
Calculations use deterministic code built against HMRC's published rules and checked against a public table of regression cases, each shown with its source: HMRC-published examples, cases we derived from the legislation and HMRC manuals, and third-party worked examples. Each calculation is assembled from named HMRC sources — IPTM3820, PTM057100, PTM055100, PTM171000 — and the result carries the citation back, including the post-2021/22 PSA recalculation (IPTM3820). Run the same case on the top-slicing relief calculator with no sign-up, or read the corpus at /trust.
HMRC sources
- IPTM3820 — Chargeable events
- PTM057100 — Annual allowance
- PTM055100 — Carry forward
- PTM171000 — Lump sum allowance
Engine
Cited calculations
- Top-slicing relief
- Annual allowance
- Carry forward
- Tapered allowance
- Lump sum allowance
What complex calculations and re-keying cost by hand today.
Move the sliders to reflect your own caseload. The figure is an estimate of what these calculations and provider packs cost when done by hand — simple arithmetic from the values you enter and the time and outsourced-rate assumptions set out in the methodology note. It is not a measured saving from using ParaplanAI, and actual time and costs vary by practice.
Estimated cost of doing complex calculations and re-keying packs by hand
£500 a month
≈ 10 hours a month of manual work at the starting assumptions shown here. Move the sliders to reflect your own caseload when the interactive version loads.
Illustrative estimate of the manual route's cost, using the values shown, 20 minutes per provider pack and an assumed outsourced rate of £50/hour. It is not a measured saving from using ParaplanAI; actual time and costs vary by practice.
Per user, per month.
Three calculations a month, no card. Until your firm holds our signed data processing agreement, use made-up figures, not real client data.
- 3 calculations / user / month
- 3 document extractions / user / month
- A provider pack counts as one extraction (firm owners, in beta)
- Compliance annex PDFs for your 3 calculations; re-downloads don't count
- Filed calculations keep their inputs, results and calculation version; drafts you never file are deleted after 90 days
- Plan information research pack, as PDF or Word
- PDFs with your firm name, in ParaplanAI styling
For a single adviser or paraplanner. Unlimited calculations and PDF reports.
- Unlimited calculations
- 30 document extractions / month
- A provider pack counts as one extraction (firm owners, in beta)
- Unlimited compliance annex PDFs
- Filed calculations keep their inputs, results and calculation version; drafts you never file are deleted after 90 days
- Plan information research pack, as PDF or Word
- Pan — 200 client questions / month
- Branded PDFs — your firm's logo + colour
You can subscribe now. Our signed Data Processing Agreement is not available yet. Until your firm holds it, do not upload or enter identifiable client data. To request it, email info@paraplanai.co.uk.
Card required · cancel any time before day 14 — no charge · one free trial per firm.
Per user. Every team member counts as a paid seat. Unlimited calculations and PDF reports, shared clients, firm-wide audit trail.
- Unlimited calculations
- 50 document extractions / user / month
- A provider pack counts as one extraction (firm owners, in beta)
- Unlimited compliance annex PDFs
- Filed calculations keep their inputs, results and calculation version; drafts you never file are deleted after 90 days
- Plan information research pack, as PDF or Word
- Pan — 500 client questions / user / month
- Branded PDFs — your firm's logo + colour
- Shared clients across the whole team
- Firm-wide audit trail
You can subscribe now. Our signed Data Processing Agreement is not available yet. Until your firm holds it, do not upload or enter identifiable client data. To request it, email info@paraplanai.co.uk.
Card required · cancel any time before day 14 — no charge · one free trial per firm.
How AI allowances work
Each plan also has an AI processing limit for the allowance period. It caps the AI work that reading documents and answering Pan questions can use, and on the Firm plan it grows with the number of paid users. Long or complex documents use more of it than short ones, so it can run out before all included extractions are used. If a document would go over it, the upload stops before reading starts and tells you, and no extraction is used. Your usage this period, in account settings, counts extractions and Pan questions but does not show this limit.
For a Scottish taxpayer the free bond calculators give the gain and top-slicing relief but do not show tax totals; the bond workbench and its annex do not yet cover Scottish taxpayers. Some onshore cases are refused rather than estimated: in 2026/27, cases with dividends, relief-at-source pension contributions, Gift Aid, more than one gain, deficiency relief or a settlor-charged trust, or above set income, gain or holding-period limits; in 2022/23, cases with dividends, relief-at-source contributions or Gift Aid; and in 2020/21 and 2021/22, some cases with dividends, relief-at-source contributions or Gift Aid. See the limits on the top-slicing relief calculator.
Common questions.
Where does the calculation come from?
Each calculation includes HMRC references and the working behind the result. Filed calculations retain their inputs, results and calculation versions for review; drafts you never file are removed after 90 days.
Is ParaplanAI giving regulated advice?
No. ParaplanAI is a calculation and reporting tool used by the regulated adviser. It produces the figure and the working — recommendation and suitability remain yours.
What about client data?
Source PDFs are scheduled for deletion after 24 hours. Unconfirmed extracted content has a 90-day window; confirmed content follows your firm’s retention policy. Your firm controls client and calculation deletion, and can archive policies while preserving their history. Filed calculations follow the window your firm sets (six years by default). Client documents, client records and calculations are held in encrypted UK databases and processed in the UK and EU. Payments, the sign-in bot check and our edge network may process limited data elsewhere; the privacy notice explains each.
Can I add my firm's branding?
On Pro and Firm, add your logo, brand colour and a contact line after the disclaimer. Free PDFs use ParaplanAI styling, but still print your firm name, and your FCA number if you have entered it, with a small “Prepared with ParaplanAI · paraplanai.co.uk” credit in the footer. The calculation structure and standard disclaimer remain fixed.
What about the tax-year change?
Published HMRC changes are reviewed and checked before updates are released. Each calculation shows the tax year and references it uses. Filed calculations retain their original figures and version details.
What does getting started involve?
Sign in with Google, Microsoft, or an emailed link, then name your firm (an FCA firm reference number is optional). A short walkthrough then shows you where to start, and you can run a calculation with your own figures.
Run a calculation end to end.
Try the bond calculator now, with no sign-up, or start free and take a first calculation end to end.