How much to put aside?

bilbo51

hugheskevi wrote: »

a) Matched employer contributions [£80 net to get £200 gross]
b) Be in receipt of Tax Credits and on the 41% taper [£78 net to get £200 gross]
c) Be a higher rate taxpayer with access to salary sacrifice with employer National Insurance Contributions savings added to the pension [£88.40 net to get £200 gross]
d) Earn a bit over £100,000 (ie facing a marginal income tax rate of 60% as personal allowance is withdraw) [£80 net to get £200 gross]

There, plenty of ways

Thanks for that. I was only considering tax relief when I posted... Now I see that in my case, £80 from my pocket turns into £203 in my pension when I include employer contributions and (some) employer's NI savings added via the salary sacrifice scheme.