Good afternoon, I currently earn over £100k net and therefore don't qualify for tax-free childcare. However I am currently looking at getting a new fully electric car through my company's salary sacrifice scheme, which would reduce my gross income by £10k per year. I would be grateful if you could confirm how this would be calculated in the net adjusted income calculation. Would my net adjusted income be calculated as follows? Income £115k less Pension contribution £10k Salary sacrifice car £10k add BIK for Car £3k Net adjusted income = £98k? Is that correct and would I therefore quality for tax-free childcare and 30 free hours? Thank you