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Your Income Tax and National Insurance deductions

Total annual deductions

Your take-home pay

Annual earnings
Monthly earnings
Weekly earnings
Gross annual salary
Annual earnings
Income Tax and NI

After pension contributions - Your Income Tax and National Insurance deductions*

Total annual deductions

Your take-home pay

Annual earnings
Monthly earnings
Weekly earnings
Gross annual salary
Annual earnings
Income Tax and NI**

Your pension contributions

Total pension contributions
Tax relief saved or added
Rate of tax relief

*Your Income Tax and National Insurance deductions may not be affected by what you contribute to your pension, this depends on when your pension contributions are deducted from your salary.

**These figures may not equal your gross annual salary, as it depends on when your pension contributions are taken (i.e. - before or after Income Tax) and if tax relief has to be claimed back from HMRC.

Tax relief on your contributions is normally limited to 100% of your earnings. Even if you don’t have any earnings you can still pay up to £2,880 a year, which is topped up to £3,600 with tax relief. There’s also a limit on how much can be paid into your pension each year without incurring tax charges, this is known as your Annual Allowance and is currently £40,000 per year. Higher contributions may be possible if you have any unused Annual Allowance from the previous three tax years. If you have taken flexible benefits from any of your pension arrangements the amount you can pay into a money purchase pension before tax charges apply reduces to £4,000 per year. This is known as the Money Purchase Annual Allowance or MPAA.

Total pension contribution
Tax relief saved or added
Rate of tax relief
 
View and print reportsYou can choose to print off a summary of this calculator or alternatively you can print off detailed calculation reports for your records.
Important information