£34,000 after tax is £26,501

You will take home £2,208 every month

£{{earningsSliders.yearly | number : 0 }} after tax is £{{takeHome.yearly | number : 0 }}

You will take home £{{takeHome.monthly | number : 0 }} every month

If your salary is £34,000, then after tax and national insurance you will be left with £26,501. This means that after tax you will take home £2,208 every month, or £510 per week, £102.00 per day, and your hourly rate will be £16.35 if you're working 40 hours/week.

If your salary is £{{earningsSliders.yearly | number : 0 }}, then after tax and national insurance you will be left with £{{takeHome.yearly | number : 0 }}. This means that after tax you will take home £{{takeHome.monthly | number : 0 }} every month, or £{{takeHome.weekly | number : 0 }} per week, £{{takeHome.daily | number : 0 }} per day, and your hourly rate will be £{{earningsSliders.hourly | number : 2 }} if you're working {{earningsSliders.weekly_hours}} hours/week.

Your salary (before tax and NI)

Weekly hours:

Please note: the chart below only illustrates your main income and its tax and NI bands. If you have added bonuses, dividends, company car, or any other income type, please, scroll down to the "Tax calculation results" section to see the break-down for those.

Tax year (NEW) - 2019/2020

Tax year - 2018/2019

Tax year - 2017/2018

Tax year - 2016/2017

Student loan - NO

Plan 1 (before 2012)

Plan 2 (after 2012)

Location - England

Scotland

Northern Ireland

Wales

Pension contributions %

yearly grosss
£{{earningsSliders.yearly | number : fractionSize}}

£{{takeHome.monthly | number : 0 }}
monthly net

yearly gross
£{{earningsSliders.yearly | number : fractionSize}}

£{{takeHome.monthly | number : 0 }}
monthly net

INCOME TAX

Tax free:
£{{earningsSliders.yearly | number : fractionSize}} £{{yearlyAllowance | number : fractionSize}}

Earnings in this tax band: £{{taxableAmountBasic | number : fractionSize}}
Tax in this band: £{{yearly_basic_tax_to_display | number : fractionSize}}
£{{yearly_basic_tax_to_display + pension_tax_relief.basic_rate_value | number : 0}} initial tax minus
£{{pension_tax_relief.basic_rate_value | number : 0}} pension tax relief

Earnings in this tax band: £{{taxableWithHighTaxSum | number : fractionSize}}
Tax in this band: £{{highEarningExtraTax | number : fractionSize}}
£{{highEarningExtraTax + pension_tax_relief.higher_rate_value | number : 0}} initial tax minus
£{{pension_tax_relief.higher_rate_value | number : 0}} higher earning
pension tax relief

No tax

Basic tax: 20%

Higher rate tax: 40%

INCOME TAX

Tax free:
£{{earningsSliders.yearly | number : fractionSize}} £{{yearlyAllowance | number : fractionSize}}

Start er tax

Basic tax
Tax in this band: £{{scottish_tax.basic | number : 2}}

Intermediate tax
Tax in this band: £{{scottish_tax.intermediate | number : 2}}

Higher tax
Tax in this band: £{{scottish_tax.higher | number : 2}}

No tax

19%

20%

21%

41%

NATIONAL INSURANCE

NI free:
£{{earningsSliders.yearly | number : fractionSize}} £{{nationalInsuranceYearlyThreshold | number : fractionSize}} £{{earningsSliders.yearly | number : fractionSize}}

Earnings in this NI band: £{{ni.above_basic_limit | number : fractionSize}}
NI in this band: £{{ni.deductable_basic | number : 0}}

Earnings in this NI band: £{{ni.above_higher_limit | number : fractionSize}}
NI in this band: £{{ni.deductable_higher | number : 0}}

No NI

{{nationalInsuranceRateA}}% rate NI

{{nationalInsuranceRateB}}% rate NI

yearly grosss
£{{earningsSliders.yearly | number : fractionSize}}

£{{takeHome.monthly | number : 0 }}
monthly net

yearly gross
£{{earningsSliders.yearly | number : fractionSize}}

£{{takeHome.monthly | number : 0 }}
monthly net

INCOME TAX

Tax free:
£{{earningsSliders.yearly | number : fractionSize}} £{{yearlyAllowance | number : fractionSize}}

Basic:
Tax in this band:

Intermediate:
Tax in this band:

No tax

19%

20%

21%

41%

NATIONAL INSURANCE

NI free:
£{{earningsSliders.yearly | number : fractionSize}} £{{nationalInsuranceYearlyThreshold | number : fractionSize}} £{{earningsSliders.yearly | number : fractionSize}}

Earnings in this NI band: £{{ni.above_basic_limit | number : fractionSize}}
NI in this band: £{{ni.deductable_basic | number : 0}}

Earnings in this NI band: £{{ni.above_higher_limit | number : fractionSize}}
NI in this band: £{{ni.deductable_higher | number : 0}}

No NI

{{nationalInsuranceRateA}}% rate NI

{{nationalInsuranceRateB}}% rate NI

yearly gross
£{{earningsSliders.yearly | number : fractionSize}}

£{{takeHome.monthly | number : 0 }}
monthly net

yearly gross
£{{earningsSliders.yearly | number : fractionSize}}

£{{takeHome.monthly | number : 0 }}
monthly net

INCOME TAX

Tax free:
£{{earningsSliders.yearly | number : fractionSize}} £{{yearlyAllowance | number : fractionSize}}

No tax

Basic tax: 20%

Higher rate tax: 40%

NATIONAL INSURANCE

NI free:
£{{earningsSliders.yearly | number : fractionSize}} £{{nationalInsuranceYearlyThreshold | number : fractionSize}}

Earnings in this band: £{{ni.above_basic_limit | number : fractionSize}}
NI in this band: £{{ni.deductable_basic | number : 0}}

Earnings in this band: £{{ni.above_higher_limit | number : fractionSize}}
NI in this band: £{{ni.deductable_higher | number : 0}}

No NI

{{nationalInsuranceRateA}}% rate NI

{{nationalInsuranceRateB}}% rate NI

Click outside to close

Childcare vouchers: £{{childcare_vouchers.value}} per {{childcare_vouchers.income_period}}

month

week

Click outside to close

Salary bonus: £{{bonus.input}} per {{bonus.income_period}}

year

month

week

Is bonus included in your £{{earningsSliders.yearly | number : fractionSize}} salary?

Yes

Click outside to close

Company car taxable value: £{{company_car.car_input}} per {{company_car.income_period}}

Company car fuel value: £{{company_car.fuel_input}} per {{company_car.income_period}}

per year

per month

Click outside to close

Taxable benefits in kind: £{{other_benefits_in_kind.input}} per {{other_benefits_in_kind.income_period}}

year

month

Click outside to close

Dividends income: £{{dividends.income.yearly}} per year

Scottish Tax Break-down

Starter taxable earnings: £{{scottish_bands.earnings_in_bands.starter | number : 2}}
Starter tax at {{scottish_bands.starter.rate}}%: £{{scottish_tax.starter | number : 2}}

Basic taxable earnings: £{{scottish_bands.earnings_in_bands.basic | number : 2}}
Basic tax at {{scottish_bands.basic.rate}}%: £{{scottish_tax.basic | number : 2}}

Intermediate taxable earnings: £{{scottish_bands.earnings_in_bands.intermediate | number : 2}}
Intermediate tax at {{scottish_bands.intermediate.rate}}%: £{{scottish_tax.intermediate | number : 2}}

Higher taxable earnings: £{{scottish_bands.earnings_in_bands.higher | number : 2}}
Higher tax at {{scottish_bands.higher.rate}}%: £{{scottish_tax.higher | number : 2}}

Top taxable earnings: £{{scottish_bands.earnings_in_bands.top | number : 2}}
Top tax at {{scottish_bands.top.rate}}%: £{{scottish_tax.top | number : 2}}

Total Tax: £{{scottish_tax.all | number : 2}}

Problems with calculations? e-mail us at {{contact_email}}

Tax Calculation Results

Year

Month

Week

Day

Hour

Salary

£{{earningsSliders.yearly | number : fractionSize}}

£{{earningsSliders.monthly | number : fractionSize}}

£{{earningsSliders.weekly | number : 0}}

£{{earningsSliders.daily | number : 2}}

£{{earningsSliders.hourly | number : 2}}

Bonus

£{{bonus.income.yearly | number : fractionSize}}

£{{bonus.income.monthly | number : 0}}

£{{bonus.income.weekly | number : 0}}

£{{bonus.income.daily | number : 2}}

£{{bonus.income.hourly | number : 2}}

Company car + fuel

Company fuel

£{{(company_car.car_income.yearly * 1) + (company_car.fuel_income.yearly * 1) | number : fractionSize}}

£{{(company_car.car_income.monthly * 1) + (company_car.fuel_income.monthly * 1) | number : 0}}

£{{(company_car.car_income.weekly * 1) + (company_car.fuel_income.weekly * 1) | number : 0}}

£{{(company_car.car_income.daily * 1) + (company_car.fuel_income.daily * 1) | number : 2}}

£{{(company_car.car_income.hourly * 1) + (company_car.fuel_income.hourly * 1) | number : 2}}

Dividends

£{{dividends.income.yearly | number : fractionSize}}

£{{ dividends.income.monthly | number : 0 }}

£{{dividends.income.weekly | number : 0}}

£{{dividends.income.daily | number : 2}}

£{{dividends.income.hourly | number : 2}}

Salary Tax

£{{incomeTax.yearly | number : fractionSize}}

£{{incomeTax.monthly | number : fractionSize}}

£{{incomeTax.weekly | number : fractionSize}}

£{{incomeTax.daily | number : 2}}

£{{incomeTax.hourly | number : 2}}

Dividend Tax

£{{dividends.tax.yearly | number : 0}}

£{{dividends.tax.monthly | number : 0}}

£{{dividends.tax.weekly | number : 2}}

£{{dividends.tax.daily | number : 2}}

£{{dividends.tax.hourly | number : 2}}

Total Tax

£{{incomeTax.yearly * 1 + dividends.tax.yearly * 1 | number : 0}}

£{{incomeTax.monthly * 1 + dividends.tax.monthly * 1 | number : 0}}

£{{incomeTax.weekly * 1 + dividends.tax.weekly * 1 | number : 2}}

£{{incomeTax.daily * 1 + dividends.tax.daily * 1 | number : 2}}

£{{incomeTax.hourly * 1 + dividends.tax.hourly * 1 | number : 2}}

£{{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}}

Net salary + bonus

£{{(takeHome.yearly * 1) + (bonus.to_extract.yearly * 1) | number : 0 }}

£{{(takeHome.monthly * 1) + (bonus.to_extract.monthly * 1) | number : 0 }}

£{{(takeHome.weekly * 1) + (bonus.to_extract.weekly * 1) | number : 0 }}

£{{(takeHome.daily * 1) + (bonus.to_extract.daily * 1) | number : 0 }}

£{{(takeHome.hourly * 1) + (bonus.to_extract.hourly * 1)| number : 2 }}

Net salary + bonus

£{{takeHome.yearly * 1 - childcare_vouchers.income.yearly * 1 + (bonus.to_extract.yearly * 1) | number : 0 }}

£{{takeHome.monthly * 1 - childcare_vouchers.income.monthly * 1 + (bonus.to_extract.monthly * 1) | number : 0 }}

£{{takeHome.weekly * 1 - childcare_vouchers.income.weekly * 1 + (bonus.to_extract.weekly * 1) | number : 0 }}

£{{takeHome.daily * 1 - childcare_vouchers.income.daily * 1 + (bonus.to_extract.daily * 1) | number : 0 }}

£{{takeHome.hourly * 1 - childcare_vouchers.income.hourly * 1 + (bonus.to_extract.hourly * 1) | number : 2 }}

Company car + fuel

Company fuel

£{{(company_car.car_income.yearly * 1) + (company_car.fuel_income.yearly * 1) | number : fractionSize}}

£{{(company_car.car_income.monthly * 1) + (company_car.fuel_income.monthly * 1) | number : 0}}

£{{(company_car.car_income.weekly * 1) + (company_car.fuel_income.weekly * 1) | number : 0}}

£{{(company_car.car_income.daily * 1) + (company_car.fuel_income.daily * 1) | number : 2}}

£{{(company_car.car_income.hourly * 1) + (company_car.fuel_income.hourly * 1) | number : 2}}

Other BIK

£{{(other_benefits_in_kind.income.yearly * 1) | number : fractionSize}}

£{{(other_benefits_in_kind.income.monthly * 1) | number : 0}}

£{{(other_benefits_in_kind.income.weekly * 1) | number : 0}}

£{{(other_benefits_in_kind.income.daily * 1) | number : 2}}

£{{(other_benefits_in_kind.income.hourly * 1) | number : 2}}

Childcare vouchers

£{{childcare_vouchers.income.yearly | number : 0 }}

£{{childcare_vouchers.income.monthly | number : 0 }}

£{{childcare_vouchers.income.weekly | number : 0 }}

£{{childcare_vouchers.income.daily | number : 0 }}

£{{childcare_vouchers.income.hourly | number : 2 }}

Net dividends

£{{dividends.net.yearly | number : 0 }}

£{{dividends.net.monthly | number : 0 }}

£{{dividends.net.weekly | number : 0 }}

£{{dividends.net.daily | number : 0 }}

£{{dividends.net.hourly | number : 2 }}

TOTAL take home

£{{ (takeHome.yearly * 1) + (bonus.to_extract.yearly * 1) + (dividends.net.yearly * 1) + (company_car.car_income.yearly * 1) + (company_car.fuel_income.yearly * 1) + (other_benefits_in_kind.income.yearly * 1) | number : 0 }}

£{{ takeHome.monthly + (bonus.to_extract.monthly * 1) + (dividends.net.monthly * 1) + (company_car.car_income.monthly * 1) + (company_car.fuel_income.monthly * 1) + (other_benefits_in_kind.income.monthly * 1) | number : 0 }}

£{{ takeHome.weekly + (bonus.to_extract.weekly * 1) + (dividends.net.weekly * 1) + (company_car.car_income.weekly * 1) + (company_car.fuel_income.weekly * 1) + (other_benefits_in_kind.income.weekly * 1) | number : 0 }}

£{{ takeHome.daily + (bonus.to_extract.daily * 1) + (dividends.net.daily * 1) + (company_car.car_income.daily * 1) + (company_car.fuel_income.daily * 1) + (other_benefits_in_kind.income.daily * 1) | number : 0 }}

£{{ takeHome.hourly + (bonus.to_extract.hourly * 1) + (dividends.net.hourly * 1) + (company_car.car_income.hourly * 1) + (company_car.fuel_income.hourly * 1) + (other_benefits_in_kind.income.hourly * 1) | number : 2 }}

Problems with calculations? e-mail us at {{contact_email}}

Advanced options

Your age

Under 16

Between 16 - 69

Above 69

Gender (optional)

Male

Female

Tax year

2019-2020 (NEXT year)

2018-2019 (this year)

2017-2018 (previous)

2016-2017

Tax Code

(works with L codes)

Weekly hours

Pension contributions

of income

/ month

Student loan

Plan 1

Plan 2

Scotland

Yes

No NI

Yes

The options below will be live from the 1st of Nov 2017

Bonus:

Overtime:

Age:

Under 65

75-74

Female 60-65

Over 75

Married:

Blind:

Other income sources

Childcare vouchers

month

week

Salary bonus

year

month

week

Is bonus included in your £{{earningsSliders.yearly | number : fractionSize}} salary?

Yes

Company car

(BIK value)

Taxable car benefit:
£

Taxable fuel benefit:
£

year

month

Calculate your company car taxable value

Other benefits in kind

year

month

Dividend income

(yearly)
(for shareholders)

Total gross income, including all options and benefits in kind:
£{{all_earnings | number : fractionSize}}

£{{earningsSliders.yearly | number : fractionSize}} after tax explained

Explanation below is only for income tax, national insurance, and net pay.

To see more about student loan, pension contributions, dividends, etc., scroll up to the "Tax calculation results" section

To see how your childcare vouchers are calculated, please scroll up to the "Tax calculation results" section

This is a break-down of how your after tax take-home pay is calculated on your £{{earningsSliders.yearly | number : fractionSize}} yearly income. If you earn £{{earningsSliders.yearly | number : fractionSize}}, you will take home £{{takeHome.yearly| number : 0 }}, leaving you with a net income of £{{takeHome.monthly | number : 0 }} every month. Now let's see more details about how we've got this sum.

Your tax

You will pay a total of £{{incomeTax.yearly | number : fractionSize}} in tax. You'll pay no income tax as your earnings are below the personal allowance limit of £{{yearlyAllowance | number : fractionSize}}.

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}}%)

Your National Insurance

You will pay a total sum of £{{nationalInsurance.yearly | number : 0}} in national insurance. You'll pay no national insurance as your earnings are below the National Insurance threshold limit of £{{nationalInsuranceYearlyThreshold | number : 0}}.

Your earnings after tax and national insurance

As you pay neither tax of national insurance, you will take home all the money you earn. This means that you'll have a net income of: After you've paid tax and national insurance, you'll be left with the net sum of:

£{{takeHome.yearly | number : 0 }}/year
£{{takeHome.monthly | number : 0 }}/month
£{{takeHome.weekly | number : 0 }}/week
£{{takeHome.daily | number : 0 }}/day
£{{takeHome.hourly | number : 0 }}/hour

Your hourly rate

If you're working {{earningsSliders.weekly_hours}} hours a week, then your hourly rate will be £{{earningsSliders.hourly | number : 2}}

£{{earningsSliders.yearly | number : fractionSize}} after tax illustration

211 x 135 | 480 x 301 | 1209 X 860

Share image:

Favorites

Test b

About Disclaimer Terms and conditions Privacy policy
Mobile site

Income Tax Calculations

Back

Scottish Tax Break-down

Total Tax: £{{scottish_tax.all | number : 2}}

Tax Calculation Results

Advanced options

Other income sources

£{{earningsSliders.yearly | number : fractionSize}} after tax explained

Your tax

Your National Insurance

Your earnings after tax and national insurance

Your hourly rate

£{{earningsSliders.yearly | number : fractionSize}} after tax illustration

Favorites