Tax question

[likablum]

If my salary increases from £49k to £52k, would I be worse off in terms of tax? I currently get childcare vouchers, not sure if that has an impact?

Do a comparison on salary calculator. You can put in all details like pension, childcare vouchers, student loans etc.

You would have to file a tax assessment for child benefit and it will be reduced. You can still receive it but you will have to pay back some. That happens once you’re on over 50k ...but... if you make more pension contributions and stay below 50k then it won’t be affected

You can’t be worse off as it’s only the new bit that is taxed at a higher rate, you just won’t see as much of it as you’d expect. The pension advice ^ is good.

So increase my pension contributions so that my wage stays below £50k?

Yes. If you can do this to below the Higher Rate band, all the better. Make sure it’s salary sacrifice or that you let HMRC know.