| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £92,180 | £92,180 | £92,180 | |
| Expenses | IR35 allowable expenses | £4,609 | £4,609 | £4,609 |
| Legitimate expenses | £3,000 | £3,000 | £3,000 | |
| Salary | £8,000 | £8,000 | £8,000 | |
| Pension contribution | £0 | £1,200 | £50,000 | |
| Employers NI | £0 | £0 | £0 | |
| Total | £15,609 | £16,809 | £65,609 | |
| Personal taxes | Employees NI | £0 | £0 | £0 |
| Paye | £0 | £0 | £0 | |
| Total | £2,581 | £2,532 | £732 | |
| Net annual income | £53,595 | £52,983 | £25,777 | |
| Net monthly income | £4,466 | £4,415 | £2,148 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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