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
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Calculate your salary sacrifice nursery fee scheme savings
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Your Annual Saving
£4,539.00
Estimated annual saving through our salary sacrifice nursery fee scheme
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Ready to save £378 in next month's salary?
Based on this calculation, that is £4,539 across the year.
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Calculation Parameters
- Annual Gross Salary: £65,000.00
- Tax Code: 1257L
- Country: England
- Monthly Nursery Fees: £1,200.00
- Contract Months: 12
- Annual Pre-Tax Deduction: £16,560.00
| Calculation Item | Scenario 1 Without Benefit | Scenario 2 With our Salary Sacrifice |
|---|---|---|
| Employee Calculations | ||
| Gross Salary | £65,000.00 | £65,000.00 |
| Nursery fees incl. 15% management fee (pre-tax sacrifice) | — | -£16,560.00 |
| Taxable Gross | £65,000.00 | £48,440.00 |
| Income Tax | -£13,432.00 | -£7,174.00 |
| National Insurance | -£3,310.60 | -£2,869.60 |
| Net Pay | £48,257.40 | — |
| Nursery fees paid from take-home pay | -£14,400.00 | — (paid pre-tax) |
| Final Take-Home Pay | £33,857.40 | £38,396.40 |
| Your saving vs paying without the scheme | — | +£4,539.00 |
| Employer Costs | ||
| Employer NI on Salary | £9,000.00 | £6,516.00 |
| Nursery Contribution | — | £1,800.00 |
| Employer NI on Contribution | — | — |
| Net Employer Savings (after nursery contribution) | £684.00 | |
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| Tax Code | |
| Base Personal Allowance | |
| Tapering Reduction | -£ |
| Effective Personal Allowance | £ |
| Taxable Income | £ |
| £ × % = £ | |
| Income Tax | £ |
| £ × % = £ | |
| Employee NI | £ |
| Net Pay | £ |
| Less: Nursery fees from take-home | -£ |
| Final Take-Home Pay | £ |
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Save up to 56% on nursery fees
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