This table shows the position before and after the payment of the pension contribution
Taxable salary before is £125,000.00 and after is £100,000.00
Personal Allowance before is zero and after is £12,500.00
Employee NI contribution before is £6,360.00 and after is £5,860.00
Employer NI contribution before is £16,037.26 and after is £12,587.26
Income Tax before is £42,500.00 and after is £27,500.00
Pension contribution (net) before is zero and after is zero
Employer pension contribution before is zero and after is £28,450.00
Income after tax before is £76,140.00 and after is £66,640.00