Payroll services

Salary sacrifice:
worked examples.

Numbers make salary sacrifice click. Here are worked examples for pension, electric car and cycle to work, showing what happens to take-home pay and how much tax and National Insurance is saved.

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Salary sacrifice is far easier to grasp with real figures in front of you, so this page works through examples for the three main schemes. Each one shows the before and after: what happens to gross pay, take-home pay, and the tax and National Insurance saved. The figures use current rates for England, Wales and Northern Ireland and are rounded to keep them clear. Treat them as illustrations, then use the calculator or ask us for your exact numbers. This page sits under our salary sacrifice service.

These examples support our salary sacrifice service. To try your own numbers, use the salary sacrifice calculator.

Pension: a worked example

An employee earning £35,000 sacrifices £3,000 a year (£250 a month) into their workplace pension. Here is the effect, using 2025/26 rates:

Per yearWithout sacrificeWith sacrifice
Gross salary£35,000£32,000
Income tax£4,486£3,886
Employee National Insurance£1,794£1,554
Take-home pay£28,720£26,560
Into the pension£0£3,000

The employee puts £3,000 into their pension, but take-home pay falls by only £2,160, because they save £600 in income tax and £240 in National Insurance. In other words, £3,000 of pension saving costs them £2,160. The employer also saves £450 in employer National Insurance, which many employers add straight into the pension.

Electric car: an illustration

An employee earning £40,000 takes an electric car through salary sacrifice for £6,000 a year (£500 a month). Electric cars carry a very low benefit-in-kind charge, so the small amount of tax on the benefit is easily outweighed by the saving on the sacrifice:

Per year (illustration)Amount
Salary sacrificed£6,000
Income tax and National Insurance savedabout £1,680
Tax on the benefit in kind (low for EVs)about £240
Net cost of the carabout £4,560 (roughly £380 a month)

That is for a brand-new electric car with running costs usually bundled in, often less than an equivalent personal lease. The exact figure depends on the car's list price and its benefit-in-kind band, which is why we work it out properly. See the electric car page for how it is taxed and reported.

Cycle to work: an illustration

An employee earning £28,000 gets a £1,000bike through the cycle to work scheme, sacrificed over a year:

Over the hire yearAmount
Bike value sacrificed£1,000
Income tax and National Insurance savedabout £280
Net cost to the employeeabout £720
Employer National Insurance savedabout £150

A £1,000 bike for around £720, spread across the year. See the cycle to work page for how the scheme runs.

How to read these

The pattern is the same in every case. You give up a slice of gross pay, you stop paying tax and National Insurance on that slice, so your take-home pay falls by less than the amount sacrificed, and the difference is your saving. For a basic-rate taxpayer the saving is roughly 28p per £1; for a higher-rate taxpayer it is more. The employer saves employer National Insurance on top.

Your exact figures

These examples are rounded illustrations. Your real numbers depend on the salary, the scheme, the tax code and, for cars, the exact benefit-in-kind band, and every sacrifice has to be checked against the minimum wage. We work them out precisely and run them through payroll. We are a South Wales payroll bureau with more than 60 years of combined experience, CIPP members and Chartered Accountants (ICAEW). For your exact figures, talk to us about your payroll or try the calculator.

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Common questions

How much do you save with salary sacrifice?

You save the income tax and National Insurance you would have paid on the sacrificed pay. As a rough guide, a basic-rate taxpayer saves about 28p in tax and National Insurance on every £1 sacrificed, so £1,000 sacrificed reduces take-home pay by around £720. The employer saves a further 15p per £1 in employer National Insurance. Higher earners save more. The examples on this page show it in pounds.

What does a salary sacrifice pension look like on a payslip?

Gross pay shows the reduced, post-sacrifice figure, and the pension contribution appears as an employer contribution rather than a deduction from net pay. Take-home pay is higher than it would be if the same contribution were deducted after tax, because tax and National Insurance are worked out on the lower gross. Our worked example below shows the before and after side by side.

How much does the cycle to work scheme save?

For a basic-rate taxpayer, a £1,000 bike sacrificed over a year costs roughly £720 in take-home pay, a saving of around £280 against buying the same bike from taxed income. The employer saves about £150 in National Insurance. The exact figure depends on the bike's value and the employee's tax position.

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Free guide

The Salary Sacrifice Savings Guide

A free PDF guide, in your inbox within minutes. It shows how much salary sacrifice can save you and your team on tax and National Insurance, with worked examples for pensions, electric cars and cycle to work.

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Before you go

What you can (and can't)
salary sacrifice

It is one of the easiest ways to save tax, and one of the easiest to get wrong. Grab our free guide before you leave.

  • What you can and can't put through salary sacrifice
  • The minimum wage trap that catches employers out
  • How the HMRC rules changed and what still qualifies
  • Reporting it correctly, without the penalties

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