Find out exactly how much more money stays in your pocket each year when nursery fees are paid through a salary sacrifice Workplace Nursery Scheme. Enter your details below for a personalised estimate.
Employee Savings Calculator
How much could you save?
Your Details
Adjust the inputs to see your personalised saving updated live.
Most employees use 1257L — check your payslip if unsure.
Calculating…
Your Annual Saving
£2,064.00
Estimated annual saving through salary sacrifice
Detailed Breakdown
Calculation Parameters
- Annual Gross Salary: £35,000.00
- Tax Code: 1257L
- Country: England
- Monthly Nursery Fees: £1,000.00
- Contract Months: 12
- Annual Pre-Tax Deduction: £13,800.00
| Calculation Item | Scenario 1 Without Benefit | Scenario 2 With our Salary Sacrifice | Scenario 3 Pay increase required to match our savings |
|---|---|---|---|
| Employee Calculations | |||
| Gross Salary | £35,000.00 | £35,000.00 | £37,866.66 |
| Nursery fees incl. 15% management fee (pre-tax sacrifice) | — | -£13,800.00 | — |
| Taxable Gross | £35,000.00 | £21,200.00 | £37,866.66 |
| Income Tax | -£4,486.00 | -£1,726.00 | -£5,059.33 |
| National Insurance | -£1,794.40 | -£690.40 | -£2,023.73 |
| Net Pay | £28,719.60 | — | £30,783.60 |
| Nursery fees paid from take-home pay | -£12,000.00 | — (paid pre-tax) | -£12,000.00 |
| Final Take-Home Pay | £16,719.60 | £18,783.60 | £18,783.60 |
| Your saving vs paying without the scheme | — | +£2,064.00 | — |
| Extra gross salary needed (without the scheme, to match scheme take-home) | — | — | +£2,866.66 |
| Employer Costs | |||
| Employer NI on Salary | £4,500.00 | £2,430.00 | £4,930.00 |
| Nursery Contribution | — | £1,800.00 | — |
| Employer NI on Contribution | — | £0.00 | — |
| Net Employer Savings | £270.00 | ||
| Extra NI cost (compared to scheme) | — | — | +£430.00 |
Does your employer offer this scheme?
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