Pension & Retirement
Salary Sacrifice Calculator
Compare take-home vs pension benefit
Salary sacrifice can boost your pension contributions while saving on National Insurance. This calculator compares the outcomes of taking salary versus sacrificing it into your pension.
£60,000
£500
Frequently Asked Questions
What is salary sacrifice?
Salary sacrifice means you agree to reduce your salary, and your employer pays the difference into your pension. Both you and your employer save on National Insurance contributions.
Are there any downsides?
A lower salary can affect mortgage applications, statutory pay (maternity/sick pay), and other benefits linked to salary. Discuss these implications with your employer and adviser.
Want personalised advice?
Calculators provide useful estimates, but your financial plan should be built around your specific circumstances. Book a free consultation to discuss your situation.
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