How to avoid paying 60% tax on your bonus

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  • Опубліковано 23 гру 2024

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  • @florianbehrend3331
    @florianbehrend3331 Рік тому

    If i earn 119.472,66 and I am not paying pension with salary sacrifice - I will have to transfer a sum to my pension provider. This sum will be a net sum as i have already paid tax on it. I am struggling though how much that sum exactly should be to be a gross of 19.472,72 to take my income to 100k?

    • @dertery8724
      @dertery8724 Рік тому

      Does your employer offer salary sacrifice schemes such as the Electric Car Scheme, a Company Share Option Plan, or the Cycle to Work Scheme? These are all paid for using your gross salary and could save you 60% at your salary.