| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £118,359 | £118,359 | £118,359 | |
| 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 | £16,886 | £16,588 | £4,483 | |
| Total | £3,465 | £3,414 | £1,327 | |
| Net annual income | £73,773 | £73,188 | £49,426 | |
| Net monthly income | £6,147 | £6,099 | £4,118 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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