| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £120,120 | £120,120 | £120,120 | |
| 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 | £17,323 | £17,025 | £4,919 | |
| Total | £3,540 | £3,489 | £1,403 | |
| Net annual income | £74,630 | £74,045 | £50,283 | |
| Net monthly income | £6,219 | £6,170 | £4,190 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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