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£98,000 after tax is £64,858

You will take home £5,405 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 £98,000, then after tax and national insurance you will be left with £64,858. This means that after tax you will take home £5,405 every month, or £1,247 per week, £249.40 per day, and your hourly rate will be £47.13 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.
See also £{{earningsSliders.yearly | number : 0 }} salary tax calculator, or scroll down to see your results.
Your salary (before tax and NI)
£
Weekly hours:
Options and other income sources Pension contributions,
student loan, tax code,
tax year, weekly hours,
Scottish tax,
childcare vouchers,
bonuses, dividends,
company benefits
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
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:

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}}
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%
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


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
This is your gross
salary, before
any deductions
£{{earningsSliders.yearly | number : fractionSize}}
£{{earningsSliders.monthly | number : fractionSize}}
£{{earningsSliders.weekly | number : 0}}
£{{earningsSliders.daily | 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}}
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}}
Net salary + bonus
£{{(takeHome.yearly * 1) + (bonus.to_extract.yearly * 1) | number : 0 }}
This is your net pay
(take home pay)
from your salary
and your bonus
that goes into
your bank account
every month
£{{(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)
{{taxCode.input}}
Weekly hours
Pension contributions
%
of income
OR
£
/ month
Student loan
No Plan 1 Plan 2
Scotland
No Yes
No NI
No 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:
{{ is_blind }}
Blind:
{{ is_blind }}

Other income sources

Childcare vouchers
£
monthweek
Salary bonus
£
yearmonthweek
Is bonus included in your £{{earningsSliders.yearly | number : fractionSize}} salary?

NoYes
Company car
(BIK value)
Taxable car benefit:
£

Taxable fuel benefit:
£
yearmonth
Calculate your company car taxable value
Other benefits in kind
£
yearmonth
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

£98000  after tax illustration
211 x 135 | 480 x 301 | 1209 X 860

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