This table shows the position before and after the payment of the pension contribution
Taxable salary before is 125,140.00 £ and after is 125,140.00
Personal allowance before is zero and after is £12,570.00
Employee NI contribution before is 6,021.40 £ and after is 6,021.40
Employer NI contribution before is 16,013.52 £ and after is 16,013.52
Income Tax before is 42,516.00 £ and after is 32,460.00
Pension contribution (net) before is zero and after is 20,112.00
Employer pension contribution before is zero and after is zero
Income after tax before is 76,602.60 £ and after is 66,546.60