Working out how much to pay into company pension to avoid paying tax on child benefit when earning 60k?

[Username6210]

Just for simplicity, if I earn 60k, I need to pay 10k (16.66%) into my company pension before tax to bring the taxable amount down to 50k.
Is that correct ... or am I misunderstanding something?
(Obviously this assumes I have no other payments like health insurance, childcare vouchers etc)

That’s correct, check if there is a maximum amount you can pay into your company pension though. Mine only lets you contribute 15% so £9k. The other thousand could be paid into a SIPP (actually it’s £800 from me - grossed up amount after tax relief needs to be £1k).

@FreshEggs
Thanks. There doesn't seem to be a limit.

£43443k net income from £60k, £11496 tax payable with £7500 at 20% and £3996 paid at 40% (£3620 monthly net income)

£37441 net income from £60k with £10k pension contributions, £7498 tax payable with £7498 at 20% and 0 paid at 40% (monthly net income £3120)

So you gain £4000 per annum by paying less tax from the government for paying into your pension - which is effectively much more than the child benefit