TEKKA helps UK higher-rate taxpayers reclaim unclaimed pension tax relief, which averages over £1,700 per year and can be backdated four tax years. The service handles the entire HMRC reclaim process on behalf of users, who keep 90% of the amount recovered. An online estimator provides indicative figures based on salary, contributions, and eligible tax years.
Funding
Funding not disclosed
Founders
Product
Problem
Around 807,000 higher-rate taxpayers in the UK are missing pension tax relief from HMRC, with the average unclaimed amount exceeding £1,700 per year. Under the Relief at Source system, pension providers automatically claim basic-rate tax relief, but the additional 20-25% owed to higher- and additional-rate taxpayers remains unclaimed unless individuals actively request it. This money can be backdated for up to four tax years, yet most eligible people never claim it.
Solution
TEKKA is a digital service that reclaims unclaimed pension tax relief on behalf of UK higher-rate taxpayers. The platform guides users through an eligibility check covering income level, pension scheme type, and applicable tax years, then provides an indicative estimate of what they might be owed. Once confirmed, TEKKA handles the entire HMRC reclaim process, and users keep 90% of the amount recovered. The service is currently in beta and focuses on making the reclaim process straightforward for individuals who would otherwise miss out on money they are entitled to.
Target Audience
Primary users are UK higher-rate and additional-rate taxpayers earning between £50,000 and £150,000 annually who contribute to a Relief at Source workplace pension and have not previously claimed their additional tax relief.
Features
- Online eligibility checker covering income thresholds (£50k–£150k), pension scheme type, and tax year selection
- Interactive estimator that calculates indicative unclaimed amounts based on salary, monthly employee contributions, and eligible tax years
- Full HMRC reclaim handling on behalf of users, eliminating the need for individuals to navigate the claims process themselves
- 90% payout model where users retain the vast majority of the recovered amount
- Support for backdating claims across the last four tax years
- Built by a founder with 15 years of experience building pension and tax systems for the industry