| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £66,000 | £66,000 | £66,000 | |
| Expenses | IR35 allowable expenses | £3,300 | £3,300 | £3,300 |
| Legitimate expenses | £3,000 | £3,000 | £3,000 | |
| Salary | £6,000 | £6,000 | £6,000 | |
| Pension contribution | £0 | £1,200 | £50,000 | |
| Employers NI | £0 | £0 | £0 | |
| Total | £12,300 | £13,500 | £62,300 | |
| Personal taxes | Employees NI | £0 | £0 | £0 |
| Paye | £0 | £0 | £0 | |
| Total | £1,524 | £1,475 | £37 | |
| Net annual income | £41,406 | £40,795 | £9,251 | |
| Net monthly income | £3,450 | £3,399 | £770 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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