Pension Contributions

How pensions affect your take-home pay in 2025/26

Pension & Your Salary

Workplace pensions in the UK typically require a minimum 5% employee contribution (with 3% employer contribution under auto-enrolment).

Net Pay vs Salary Sacrifice

  • Net Pay: Your pension contribution is deducted before income tax is calculated, giving automatic tax relief.
  • Salary Sacrifice: Your contractual salary is reduced by the pension amount before both tax and National Insurance are calculated, saving an additional 8%/2% in NI.

Annual Allowance

The standard annual pension allowance is £60,000 for 2025/26. Contributions above this may incur a tax charge.

Use the full salary calculator to model different pension contribution rates and see the impact on your take-home pay.

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