Calculator
Salary sacrifice calculator
Model how pension salary exchange changes tax, National Insurance, student loan deductions, and real take-home pay.
Uses the MVP methodology assumptions. Review how the figures are modelled.
Annual take-home change
£0
Usually negative because you are redirecting pay into pension or another benefit.
Income tax saved
£600
NIC saved
£240
Effective cost
£3,000
You sacrifice £3,000 gross to gain the benefit.
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FAQ
Does salary sacrifice always save NIC? Usually for pension salary exchange, yes, but employer implementation details matter.
Can salary sacrifice help near £100,000? It can reduce adjusted income and soften the personal allowance taper.
Related reading: Is salary sacrifice worth it?