NHS Salary Sacrifice Calculator
The real cost of a lease car, bike or other benefit after tax savings.
Your details
Real cost to you each month
£224.56
You save £125.44 a month compared with paying from take-home pay
- Take-home / month without scheme
- £2,429.77
- Take-home / month with scheme
- £2,205.21
- Saving / year
- £1,505
- Yearly pension given up (approx.)
- £77.78
- Real cost / month
- £224.56
Lease cars also have a benefit-in-kind tax charge unless electric, which is not included. Each year in the scheme you build about £77.78 less yearly NHS pension.
How it is worked out
- 1Salary sacrifice swaps part of your salary for a benefit, so you pay tax, National Insurance and pension on a lower salary.
- 2We work out your take-home pay with and without the sacrifice. The difference is what it really costs you.
Worth knowing
- Your NHS pension is based on the lower salary, so you build up slightly less pension while the scheme runs.
- Your pay cannot go below the National Minimum Wage, so low earners may not be able to join some schemes.
Common questions
Does salary sacrifice affect my NHS pension?+
Yes. Your pensionable pay is reduced by the amount you sacrifice, so you build up a little less pension and pay a little less in contributions.
Sources
The rules and figures behind this calculator come from:
- GOV.UK: Salary sacrifice and the effects on PAYE
- GOV.UK: Income Tax rates and Personal Allowances
- GOV.UK: National Insurance rates and categories
Results are estimates for Agenda for Change staff in England using 2026/27 figures. They are not financial advice. Your payslip, employer or NHS Pensions statement has the final word.
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