How much can I contribute into my Private Pension every year?

Employer gross pension contributions via salary sacrifice count towards your overall annual allowance, which is typically £60,000 pa.

Depending on your expected annual income this allowance may be reduced or increased, so it is important that you check with your pension advisor or financial planner before you decide on the level of contribution via Nasa. You may also be able to take advantage of 'carry forward' allowances from previous tax years, so be sure to ask your advisor about this too.

Please note Nasa are unable to monitor your allowance on your behalf.

One thing to keep in mind is that by law, Nasa must pay you at least a minimum wage salary plus holiday pay per pay period (shown on your payslips as "Basic Rate" and "Holiday Pay"). This means that you cannot sacrifice 100% of the Contract / Assignment Income for private pension.