Salary Sacrifice Calculator

See how much you really save with salary sacrifice — pension top-ups, Cycle to Work, EV schemes, and more. Compare the benefit value to what it actually costs you after tax and NI savings.

You save

£336/yr

£
£10k£200k
£
£0£1,000

Total you save in tax & NI

£336/yr

on £100/mo sacrifice — 28% discount

Effective cost

£72/mo

£864/yr

You sacrifice

£100/mo

£1,200/yr

Your savings breakdown

Income tax saved£240/yrNational Insurance saved£96/yrTotal saved£336/yr

Salary sacrifice saves both income tax and NI — unlike pension relief at source which only saves income tax.

Take-home pay comparison

Take-home pay before and after salary sacrifice
BeforeAfterChange
Annual net£32,320£31,456-£864
Monthly net£2,693£2,621-£72

The real story

Benefit value£1,200/yrYour effective cost£864/yrYour discount28%

A £1,200/yr benefit effectively costs you £864 — a 28% saving compared to buying it from your net pay.

Employer saving

Your employer saves £180/yr in employer NI (15%) on your sacrifice. Some employers pass this saving on to employees as additional pension contributions.