| No pension | £100 per month | Maximum pension | ||
|---|---|---|---|---|
| Revenue | £120,999 | £120,999 | £120,999 | |
| 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 | £17,541 | £17,243 | £5,138 | |
| Total | £3,578 | £3,527 | £1,440 | |
| Net annual income | £75,058 | £74,474 | £50,711 | |
| Net monthly income | £6,254 | £6,206 | £4,225 | |
| Your maximum allowed pension contribution is £50,000 per annum. | ||||
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