No pension | £100 per month | Maximum pension | ||
---|---|---|---|---|
Revenue | £110,000 | £110,000 | £110,000 | |
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 | £14,812 | £14,515 | £3,029 | |
Total | £3,108 | £3,056 | £1,028 | |
Net annual income | £69,702 | £69,117 | £44,660 | |
Net monthly income | £5,808 | £5,759 | £3,721 | |
Your maximum allowed pension contribution is £50,000 per annum. |
Free Pension Consultation Request
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