For UK financial advice professionals only, not approved for use by retail customers. Click here for the customer website.
Understand the effect of salary sacrifice on your client’s pension – to lower pension contribution costs or increase contributions at the same cost.
The main advantage of salary sacrifice, is to maintain existing pension contributions at a lower cost or to increase pension contributions at no extra cost. Enter details of salary, personal (relief at source) contributions and employers pension contribution to calculate the sacrifice required. You can even model different scenarios.
Add this tool to your favourites and use it even when you’re not online.
The results of the tool are illustrative only and are in no way intended to be a recommendation for a particular course of action and do not constitute advice. The results are based on our current understanding of legislation and HMRC practice. But these might change without notice and the tool doesn’t take into account all of the possible circumstances that could impact your clients.
Learn more about salary sacrifice and access a range of guidance from HMRC's Employment Income Manual.
Whilst you’re able to download this tool, we would always recommend using the version available online in case it changes.
Get started and try the Salary Sacrifice calculator
Please note - you need to enable macros to use the tool.
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