Show HN: I built a privacy-first UK tax calculator
8 days ago
- #salary sacrifice
- #tax calculator
- #financial planning
- The Ultimate Salary Sacrifice Calculator provides instant, accurate estimates for tax and social contribution savings for the current tax year.
- The calculator is for illustrative purposes only and does not constitute financial advice, with results based on 2025/26 tax rates.
- Data privacy is ensured as the tool runs entirely in the browser without transmitting or storing personal data on any server.
- A reliable salary sacrifice calculator is essential for maximizing take-home pay and making informed decisions about benefits packages.
- The calculator helps visualize tax savings and handles complexities like tax bands and contribution thresholds.
- Key features include precise tax calculations, contribution savings, and pension growth visualization.
- The calculator works by adjusting taxable income and social contributions based on the sacrificed amount.
- Factors considered include tax codes, tax bands, and student loans, providing a holistic financial view.
- Strategic planning with the calculator can help optimize contributions and stay within tax brackets.
- The calculator is regularly updated and can be used for bonus sacrifice and student loan considerations.
- It highlights potential impacts on mortgage affordability due to reduced gross salary.