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Cost calculator

Use our cost calculator to see what you could afford to pay and how much increasing your contributions would actually cost you. It shows you how the total monthly contribution saved into your personal account is made up.

What is your annual salary (£) ?

How much do you want to pay?

Do you pay via SMART?

? Also known as salary sacrifice, SMART stands for save money and reduce tax. It’s a way of paying into your pension which reduces the cost of your contributions to you by making National Insurance (NI) savings. NFU Mutual makes a contribution on your behalf into your personal account and then reduces your salary by the same amount.

Where do you pay income tax?

Every month, the total contribution to your personal account is:

£0.00

At a cost to you of:

£0.00

While every effort has been made to make this tool accurate, please note this is an illustration only. The actual impact on your take-home pay will be reflected in your payslip or on My Reward Hub which include any other deductions you may be paying.

You should also be aware of how increasing your contributions may affect your annual allowance or lifetime allowance. It’s your responsibility to make sure you check how these tax allowances could impact you.

You pay £0.00
Tax relief £0.00
NFU Mutual pays £0.00
SMART saving £0.00

*This tool uses current income tax and National Insurance rates (2021/2022), but it may not reflect your individual circumstances. For more details, see the section on tax allowances.

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