Calculate your SIP benefits — free shares, partnership shares, matching shares, and dividend shares — with full income tax and NI savings breakdown.
UK SIP scheme — 2024/25 tax year
SIP Components — Select All That Apply
Free Shares
Employer can give up to £3,600 of free shares per year. No income tax or NI if held for 5 years.
Max £3,600/yr
Partnership Shares
Buy shares from pre-tax salary. Up to £1,800/yr or 10% of salary (lower of the two). Saves income tax + NI on purchase.
Max £150/mo (£1,800/yr)
Matching Shares
Employer gives free matching shares for each partnership share purchased. Ratio varies by employer (usually 1:1 or 2:1).
Dividend Shares
Reinvest dividends into shares. Tax-free if held 3+ years. Up to £1,500 dividends reinvested per year.
Max £1,500/yr
Based on share price growth assumption
Free Shares
Up to £3,600/yr
Tax-free after 5 years
Partnership Shares
Up to £1,800/yr
or 10% of salary
Matching Shares
Up to 2× partnership
Employer discretion
Dividend Shares
Up to £1,500/yr
Tax-free after 3 years