Enter £0 to take all as cash. Click Max to sacrifice the full bonus. No tax or NI on the sacrificed amount.
Salary sacrifice SAVES TAX + NI
Reduces gross pay before tax and NI. Also reduces adjusted net income for childcare and the £100k taper.
Taxable benefits (P11D) TAX ONLY
Company car, private medical etc. Taxed as salary, no employee NI. Counts toward the £100k taper.
Student loan
Annual take home pay
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Normal month
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Weekly
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Daily
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Where your money goes
Effective rates
Enter a salary to see rates
30 hours free childcare £100K THRESHOLD
Adjusted net income (salary + bonus + BIK - salary sacrifice - pension - bonus sacrifice) must be under £100,000.
Enter a salary on the Calculator tab first.
Personal allowance taper 60% ZONE
Between £100,000 and £125,140 you lose £1 of personal allowance for every £2 of adjusted net income. Salary sacrifice and bonus sacrifice reduce this. Benefit in kind adds to it.