Tax, Dividents and Pension Payments

My_life

I have just completed our SA returns for 12/13 and whilst I have not ended up paying anything extra due to upping my pension contributions, changes to my husbands salary package resulted in him not paying sufficient extra into pension to prevent him now having to pay additional tax to HMRC this month.

We know that 14/15 will be ok due to his company recently increasing the level of salary sacrifice from this year, but we are keen to prevent a reoccurrence for 13/14 and would like to therefore work out how much to put into the pension as a lump sum before April to keep us below the higher rate

Can anyone assist - just the online calculators seem give different figures

13/14

Income/package (excluding Salary Sacrifice) by April 2014
Expected Salary paid via PAYE £22,650
Expected Dividends £21,000 net (£23,333 gross)
Company car - taxable value of £3,939

In addition to the salary sacrifice - he also pays a minium amount into pension to receive company contribution. This is paid from his net salary (not before tax) and in 13/14 this will be £1,056 which is uplifted by the pension scheme (standard life) to £1,320.

I think we need to pay in around £4000 net extra - bringing the overall net contribution to £5056 (grossed up to £6320 by pension provider) - but I am not sure if I should be basing this on the net or gross dividend figure or if this is not enough

Can anyone help?

My life


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