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Benjamin House Relevant Life Calculator 2025

Benjamin House Relevant Life Calculator 2025

How It Works

  • Compares net costs of employer-provided Relevant Life Policy vs personal cover
  • Considers corporation tax relief and personal tax liabilities
  • Accounts for National Insurance contributions for both employer and employee
  • Updated for 2025 tax rates and regulations

Ordinary Life Policy

Employee Gross Salary Increase: £0.00

Employee National Insurance: £0.00

Employee Income Tax: £0.00

Employer National Insurance: £0.00

Corporation Tax Relief: £0.00

Net Cost: £0.00

Relevant Life Policy

Corporation Tax Relief: £0.00

Net Cost: £0.00

Total Annual Saving: £0.00 (0%)

Based on 2025 tax legislation and HMRC guidelines. Assumes premiums are allowable business expenses and policies meet HMRC criteria. Calculations for Scottish residents automatically adjust income tax rates. Results are illustrative - actual savings may vary based on individual circumstances. Always consult a qualified financial advisor before making decisions.

Benjamin House is not responsible for any errors or omissions. Rates correct as at 1 January 2025.