Estimate how salary sacrifice can restore your personal allowance when income exceeds £100,000.
The £100k–£125,140 60% effective marginal rate
Between £100,000 and £125,140, your personal allowance tapers at £1 for every £2 of income above £100,000. The personal allowance is fully withdrawn at £125,140. This means:
- Each extra £2 of income above £100,000 costs you £2 × 40% (higher-rate tax) + £1 × 40% (tax on the lost personal allowance) = £1.20 in total tax.
- This is an effective marginal rate of 60% on income in this band.
- Above £125,140 the effective rate returns to 45% (additional rate).
Salary sacrifice reduces your gross pay, which lowers your income within (or below) this band. Each £2 of sacrifice in this zone saves you approximately £1.20 in income tax — plus NI on top — making sacrifice exceptionally valuable here.
How sacrifice restores the personal allowance
If your salary is, say, £110,000, your personal allowance is reduced by (£110,000 − £100,000) / 2 = £5,000. So instead of £12,570, your effective personal allowance is £7,570.
A sacrifice of £10,000 would bring your income to £100,000 — restoring the full personal allowance of £12,570. The income tax saving on that sacrifice is approximately £6,000 (at the effective 60% rate), plus employee NI saving of £200 (at 2% above £50,270). Total saving: ~£6,200 on a £10,000 sacrifice.
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This calculator provides estimates only. It does not constitute financial, tax or legal advice. Always check current GOV.UK guidance and consult a qualified adviser before making decisions.