Calculator © - Free Online Calculators

Online Calculators since 2009

- ROI Calculator
- Finance calculators
- APR Simple Interest Loan Calculator
- Yield on Cost Calculator
- Annual Salary Sacrifice Calculator
- Forex Leverage Calculator
- 70000.00 Mortgage Comparison Calculator
- Mortgage Comparison Calculator
- 2020 Simple Pay Rise Calculator
- Cost of Goods Available For Sale Calculator
- Beginning Inventory Calculator

Calculate your adjusted take home pay and deduction of Salary Sacrifice from your Gross Pay. Salary Sacrifice can be either a fixed figure or percentage of gross pay. New to Salary Sacrifice? Read this guide to Salary Sacrifice and How Salary Sacrifice can reduce the amount of tax you pay.

Salary sacrifice is a contractual arrangement* where an employee gives up the right to receive part of their cash remuneration (typically salary but this open to interpretation and could be applied to cash bonuses), usually in return for your employer's agreement to provide some form of non-cash benefit (including, but not limited to, child care vouchers, personal pension, bicycles and bus passes). Read more about Salary Sacrifice.

iCalculator Annual salary sacrifice calculator is updated for the 2020/21 tax year. You can calculate your Annual take home pay based of your Annual gross income, salary sacrifice adjustment, PAYE, NI and tax for 2020/21. Use the simple annual salary sacrifice calculator or switch to the advanced annual salary sacrifice calculator to review employers national insurance payments, income tax deductions and PAYE tax commitments for 2020.

PAYE, Tax and Salary Sacrifice calculations can seem complex, the following are taken into consideration when calculating your salary and take home pay:

Salary Sacrifice | Gross Salary | Tax Free Allowance | Taxable Pay | Tax Due | Your National Insurance | Employer National Insurance | Your Pension Contributions | HMRC Pension Contributions | Net Pay

**Top Tip:** Did you know you can legally reduce your National Insurance bill and increase your take home pay? Read more about Salary Sacrifice

You may also find the following Finance calculators useful.

- Student Budget Calculator
- Retirement Comparison Calculator
- Balloon Mortgage Calculator
- Car Lease Calculator
- Amortization Schedule Calculator
- Dividend Discount Calculator
- Annual Percentage Yield Calculator
- Mortgage Discount Points Calculator
- Inventory Turnover Calculator
- Margin Calculator
- Annuity Depreciation Calculator
- Perpetuity Calculator
- Commute Cost Calculator
- Creditline Transfer Apr Calculator
- Car Loan Calculator
- Average Stock Market Return Calculator
- Average Rate Of Return Calculator
- Adjusted Present Value Calculator
- Compound Interest Calculator
- Simple Annuity Calculator