| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £126,500 | £126,500 | £126,500 | |
| 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 | £18,905 | £18,608 | £6,502 | |
| Total | £3,813 | £3,762 | £1,675 | |
| Net annual income | £77,736 | £77,152 | £53,389 | |
| Net monthly income | £6,478 | £6,429 | £4,449 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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