| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £94,160 | £94,160 | £94,160 | |
| 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 | £11,000 | £12,200 | £61,000 | |
| Personal taxes | Employees NI | £0 | £0 | £0 |
| Paye | £0 | £0 | £0 | |
| Dividend taxes | £11,244 | £10,946 | £2,000 | |
| Total | £2,460 | £2,409 | £691 | |
| Net annual income | £61,628 | £61,043 | £32,859 | |
| Net monthly income | £5,135 | £5,086 | £2,738 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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