View Mobile Version
Tax Calculator 2017 Other calculators

Back

UK Income Tax Calculator

If you earn £{{earningsSliders.yearly | number : 0 }} a year, you'll pay £{{incomeTax.yearly | number : fractionSize }} in tax, and you'll take home £{{takeHome.monthly | number : 0 }} every month.

Simple and straightforward UK income tax calculator to calculate exactly how much tax and national insurance you should pay to HMRC based on your income.


Your income
£
No tax
Basic rate: 20%
Higher rate: 40%
Weekly hours
Year
Month
Week
Day
Hour
Salary
£{{earningsSliders.yearly | number : fractionSize}}
£{{earningsSliders.monthly | number : fractionSize}}
£{{earningsSliders.weekly | number : fractionSize}}
£{{earningsSliders.daily | number : 2}}
£{{earningsSliders.hourly | number : 2}}
Tax
£{{incomeTax.yearly | number : fractionSize}}
£{{incomeTax.monthly | number : fractionSize}}
£{{incomeTax.weekly | number : fractionSize}}
£{{incomeTax.daily | number : 2}}
£{{incomeTax.hourly | number : 2}}
NI
£{{nationalInsurance.yearly | number : 0 }}
£{{nationalInsurance.monthly | number : 0}}
£{{nationalInsurance.weekly | number : 0}}
£{{nationalInsurance.daily | number : 2}}
£{{nationalInsurance.hourly | number : 2}}
Pension
£{{pension.deductable.yearly | number : 0 }}
£{{pension.deductable.monthly | number : 0}}
£{{pension.deductable.weekly | number : 0}}
£{{pension.deductable.daily | number : 2}}
£{{pension.deductable.hourly | number : 2}}
Student loan
£{{student_loan_to_deduct.yearly | number : 0 }}
£{{student_loan_to_deduct.monthly | number : 0}}
£{{student_loan_to_deduct.weekly | number : 0}}
£{{student_loan_to_deduct.daily | number : 2}}
£{{student_loan_to_deduct.hourly | number : 2}}
Take home
£{{takeHome.yearly | number : 0 }}
£{{takeHome.monthly | number : 0 }}
£{{takeHome.weekly | number : 0 }}
£{{takeHome.daily | number : 0 }}
£{{takeHome.hourly | number : 2 }}

Options

Pension:
%
of income
OR
£
/ month
Student loan:
No Plan 1 Plan 2
The options below will be live from the 1st of Nov 2017
Bonus:
£
/
Overtime:
£
/
Childcare vouchers:
£
/
Age:
Under 65 75-74
Female 60-65 Over 75
Married:
{{ is_blind }}
Blind:
{{ is_blind }}
Married:
{{ is_blind }}
No NI:
{{ is_blind }}
Scotland:
{{ is_scotland }}

Compare gross income to other countries' average

Percentage of income you take home

Income tax explained

Use the above income tax calculator to calculate your tax, national insurance and take home pay based on the amount you are earning. In our example above, you are earning £{{earningsSliders.yearly | number : fractionSize}} a year. Now let's break down this sum and see how your tax and national insurance is calculated.

How your tax is calculated

Every person in the UK has a personal allowance of £{{yearlyAllowance | number : fractionSize}} this financial year (2017-2018), which means that for the first £{{yearlyAllowance | number : fractionSize}} that you are earning, you'll pay no tax. That income can be from one or multiple jobs - just don't forget to add all the income sources together. As you can see in the slider above, there are different tax bands. From 0 to £{{yearlyAllowance | number : fractionSize}} you'll pay no tax, from £{{yearlyAllowance | number : fractionSize}} to £{{yearlyAllowance + highTaxLimit | number : fractionSize}} you'll pay {{basicTax}}% tax, and from £{{yearlyAllowance + highTaxLimit | number : fractionSize}} to £{{yearlyAllowance + highestTaxLimit | number : fractionSize}} you'll pay {{highTax}}% tax.

In the example from our calculator above, you are earning £{{earningsSliders.yearly | number : fractionSize}} a year. Because your earnings are below your yearly allowance of £{{yearlyAllowance | number : fractionSize}}, you'll pay no tax. Out of this sum, you'll pay the basic rate of {{basicTax}}% tax on £{{taxableAmountBasic | number : fractionSize}} - £{{yearly_basic_tax_to_display | number : fractionSize}} basic rate tax will be deducted. Because you are earning below the higher rate tax limit of £{{yearlyAllowance + highTaxLimit | number : fractionSize}}, you'll pay no higher rate tax. Because you are earning above the higher rate tax limit of £{{yearlyAllowance + highTaxLimit | number : fractionSize}}, you'll also pay higher rate tax on £{{taxableWithHighTaxSum | number : fractionSize}} at {{highTax}}% - £{{highEarningExtraTax | number : fractionSize}} higher rate tax will be deducted.

A simplified illustration of your tax:
  • You'll pay no tax on the first £{{yearlyAllowance | number : fractionSize}} that you're earning.
  • You'll pay £{{yearly_basic_tax_to_display | number : fractionSize}} tax on £{{taxableAmountBasic | number : fractionSize}} (at {{basicTax}}%)
  • You'll pay no basic rate tax
  • You'll pay no higher rate tax
  • You'll pay £{{highEarningExtraTax | number : fractionSize}} tax on £{{taxableWithHighTaxSum | number : fractionSize}} (at {{highTax}}%)
  • Total tax paid: £{{incomeTax.yearly | number : fractionSize}}

Favorites

Test b