MyMoneyClub – Net Income, Pension & Family Benefits Calculator

Net Income, Pension Impact & Family Benefits

Setup

Individual
Couple

Person A

Family (optional, for Child Benefit)

Bands approximate for 2024/25. Update CONFIG each April. Salary sacrifice reduces taxable pay & adjusted net income. Relief-at-source uses 25% basic uplift; higher/additional relief via self-assessment not modelled.

Results

Take‑home incl. Child Benefit (annual)
£0
Employee pension (annual)
£0
Tax & NI saved from pension
£0
Gross pay (annual)
£0
Income Tax + NI + Student Loan
£0
Employer pension (total)
£0
Child Benefit (net of charge)
£0
50% • Needs
£0
30% • Wants
£0
20% • Save/Invest
£0

Notes: Child Benefit High Income Charge tapered 60–80k by 1% per £200 over (using higher earner’s adjusted net income). Postgrad plan is 6% above threshold. Scottish income tax bands simplified.