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Compare sacrifice strategies
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See how much Income Tax and National Insurance you save by sacrificing salary or bonus into your pension.
Estimates only – not tax advice. For planning purposes only; does not replace professional advice or official HMRC calculations. Full disclaimer
% of employer NI saving redirected to your pension
Pension Increase
+£4,600
per year
Net Pay Change
-£3,350
per year
Total Tax & NI Saved
£2,090
You save £1,400 • Employer saves £690
You sacrifice £5,000 of salary.
Your net take-home changes by -£3,350 per year.
Your annual pension funding increases by +£4,600.
| Before | After | Change | |
|---|---|---|---|
| Gross Salary | £50,000 | £45,000 | -£5,000 |
| Income Tax | £7,486 | £6,486 | -£1,000 |
| Employee NI | £2,994 | £2,594 | -£400 |
| Your Pension | £2,500 | £2,250 | -£250 |
| Net Take-Home | £37,020 | £33,670 | -£3,350 |
| Employer NI | £5,644 | £4,954 | -£690 |
| Employer Pension | £1,500 | £6,350 | +£4,850 |
| Total Pension | £4,000 | £8,600 | +£4,600 |
ITEPA 2003 Pt 4 (exemptions for employer pension contributions)SSCBA 1992 Pt I (Class 1 NIC charging)Finance Act provisions setting current NIC ratesSaving = Sacrifice × (Marginal Income Tax rate + Employee NIC rate) + (Employer NIC rate × Sacrifice × passed-on %)
The employee saves Income Tax + employee NIC on the sacrificed amount. The employer saves employer NIC, optionally shared back into the pension pot.
Salary sacrifice arrangements must be formally agreed with your employer and may affect other benefits (e.g. life cover multiples, mortgage affordability, statutory pay). This tool shows the tax and NI mechanics only, not legal or HR implications.
This calculator does not check pension annual allowance or tapered annual allowance limits. Use the Pension Tax Relief Calculator to verify your contribution room.
Note: A £2,000 NIC cap on salary sacrifice benefits is scheduled from April 2029, this is not modelled in this version.
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