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Ss: Personal Pension Contribution (Gross) (XX) Less: Gift Aid Donation (Gross) (XX) Adjusted Net Income XX NOTE-B Adjustment to Personal Allowance of 11,000 if Adjusted Net Income exceeds 100,000 If the Adjusted Net Income exceeds 100,000 then: Step # 1 Calculate the excess income i.e. (Adjusted Net Income -100,000) Step # 2 Reduce the excess amount to half i.e. (Adjusted Net Income -100,000) x50% Step # 3 Deduct this half of the excess amount from the personal allowanc.

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