Pre sacrifice position

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Post sacrifice position

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Comparison table
Monetary change graph

Employee

  Pre Sacrifice Post Sacrifice Change
Salary 0 0 0
Less Income Tax 0 0 0
Less National Insurance (Class 1) 0 0 0
0 0  
Less Contribution paid net 0 0  
Take Home Pay 0 0 0
Pension Pot 0 0 0

Employer

  Pre Sacrifice Post Sacrifice Change
Employer Pension Contribution 0 0 0
Plus Salary Paid 0 0 0
Plus Employers National Insurance (Class 1) 0 0 0
Cost to employer 0 0 0
 

Allowances

Adjusted Net Income (for allowance purposes) 0  
Personal Allowance 0  
Adjustment 0 0
Total Allowance   0

Tax Calculation

Income     0
Less Allowance   0 0
Taxable Income     0
Income 0 0
Income 0 0
Income 0 0
Tax to pay     0

National Insurance Calculation

Salary 0  

Employee

  Amount Rate NI Payable
to Primary Threshold 0 0% 0
Primary Threshold to Upper Earnings Limit 0 0 0
over Upper Earnings Limit 0 0 0
Total     0

Employer

  Amount Rate NI Payable
over Secondary Threshold 0 0 0

Allowances

Adjusted Net Income (for allowance purposes) 0  
Personal Allowance 0  
Adjustment 0 0
Total Allowance   0

Tax Calculation

Income     0
Less Allowance   0 0
Taxable Income     0
Income 0 0
Income 0 0
Income 0 0
Income 0 0
Income 0 0
Tax to pay     0

National Insurance Calculation

Salary 0  

Employee

  Amount Rate NI Payable
to Primary Threshold 0 0% 0
Primary Threshold to Upper Earnings Limit 0 0% 0
over Upper Earnings Limit 0 0% 0
Total     0

Employer

  Amount Rate NI Payable
over Secondary Threshold 0 0 0
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Important information
Important: This calculator is in the process of being updated. The results shown may be inaccurate and should not be relied upon.

This calculator is designed to demonstrate the impact on income tax, national insurance and pension provision where exchanging salary for an employer's pension contribution.

The calculator is only suitable for individuals under state pension age.

The above is based on our understanding of current taxation, legislation and HM Revenue & Customs practice all of which is subject to change without notice.

The impact of taxation and any other reliefs depends on individual circumstances.

In 2018/19, the personal allowance is £11,850. Tax legislation states that it may be deducted in the way which will result in the greatest reduction in the taxpayer's liability to income tax. The calculator however proceeds on the basis that it is offset firstly against non-savings income, then savings income and then dividend income. In particular circumstances, a different order may produce a more beneficial result for the individual.