Self assessment calculation query for higher earner with pension contributions

Hello, can you confirm I've calculated my tax liability correctly please (tax year 2023-24)? Gross taxable earnings = 144,287 Allowable expenses = 1204 Dividend payments = 2216 Total gross contributions paid to pension through salary sacrifice = 14910 Total net contribution paid to pension company directly = 22,100 Employer paid pension contributions = 18903 Charity donations = 280 My calculation is 144287 - 1204 (allow exp) + 2216 (div) - 3912 (PA) = Tax due on 141,382 Gross up net pension of 22,100 = 27,625 and add 357 charity donations to basic rate. Therefore, 65,682 @ 20% = 13,136 73,489 @40% = 29,395 Plus div tax of 410 Total tax due of £42,942 I'm not sure if I've missed a step our for adjusted net income?? Any help would be much appreciated.

Hi,

Yes, that would be how you would calculate the tax. When you submit your Self Assessment you will receive a calculation with a breakdown of how the tax was calculated. 

Thank you.