Your numbers
£
Salary sacrifice reduces the salary your National Insurance is calculated on. Not salary sacrifice does not
Capped at your income or your Annual Allowance, whichever is lower. £60,000, tapering down to £10,000 once your income passes £260,000
£
Capped at £20,000, or whatever’s left of your take home pay if less
£
Whatever you choose to invest from what’s left, rather than keep as spendable cash
£
Your pay
Without investing
With investing
Gross income
£0
£0
Income tax
£0
£0
National Insurance
£0
£0
Investment engine
£0
£0
Take home pay
£0
£0
Monthly take home pay
£0
£0
Total tax %
0%
0%
Where your income goes
Tax & National Insurance
Income tax
£0
National Insurance
£0
Investment engine
Pension
£0
ISA
£0
GIA
£0
Spendable cash
£0
Added to your investment engine
£0
Sustainable income
Estimated sustainable withdrawal from this year’s contribution, using safe withdrawal rate rules.
Rule
Annual
Monthly
3% rule
£0
£0
4% rule
£0
£0
5% rule
£0
£0
National Insurance efficiency
Using salary sacrifice for a £0 pension contribution saves you £0 a year in National Insurance, compared to a normal payroll deduction of the same amount.
Where your investment engine money goes
Annual
Monthly
Pension contribution
£0
£0
ISA contribution
£0
£0
GIA contribution
£0
£0
Investment engine total
£0
£0
Spendable cash left over
£0
£0