| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £104,499 | £104,499 | £104,499 | |
| Expenses | IR35 allowable expenses | £5,224 | £5,224 | £5,224 |
| 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 | £16,224 | £17,424 | £66,225 | |
| Personal taxes | Employees NI | £0 | £0 | £0 |
| Paye | £0 | £0 | £0 | |
| Total | £3,009 | £2,960 | £1,066 | |
| Net annual income | £60,160 | £59,548 | £33,482 | |
| Net monthly income | £5,013 | £4,962 | £2,790 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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