Salary Sacrifice Calculator
Estimate your potential tax savings from pre-tax contributions. This is for illustrative purposes only.
Before Sacrifice
Gross Annual Salary
$60,000.00
Pension Contribution
$0.00
Taxable Salary
$60,000.00
Estimated Tax Paid
$11,500.00
Take-Home Pay
$48,500.00
After Sacrifice
Gross Annual Salary
$60,000.00
Pension Contribution
$3,000.00
New Taxable Salary
$57,000.00
Estimated Tax Paid
$10,600.00
Take-Home Pay
$46,400.00
Estimated Annual Tax Saving
$900.00
Your take-home is only reduced by $2,100.00, but your pension gains $3,000.00.
Disclaimer
This calculator provides an illustrative estimate only and does not constitute financial advice. It uses a simplified tax model and does not account for National Insurance, student loans, or other deductions. Consult a financial advisor for accurate figures.