According to our tax calculator, if you earn £{{earningsSliders.yearly | number : 0 }} a year, you'll have to pay £{{incomeTax.yearly | number : fractionSize}} in tax, and you'll also have to pay £{{nationalInsurance.yearly | number : 0}} national insurance. From the sum of £{{earningsSliders.yearly | number : 0 }}, you'll have a personal allowance of £{{yearlyAllowance}}, which means that the amount you earn is below the personal allowance and none of your income will be taxable. which leaves a taxable amount of £{{earningsSliders.yearly - yearlyAllowance | number : 0 }}. Out of this, you'll pay {{basicTax | number}}% tax on £{{taxableAmountBasic | number : 0}}, and {{highTax | number : 0}}% on £{{taxableWithHighTaxSum | number : 0}}, and no higher rate tax, as you earn below that limit. See also £{{earningsSliders.yearly | number : 0 }} after tax, or scroll down to see your tax results.
Income Tax Calculator for £30,000 Salary
If you earn £30,000 a year, you'll pay £3,500 in tax, and you'll take home £1,995 every month.
Income Tax Calculator for £{{earningsSliders.yearly | number : 0 }} Salary
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.
According to our tax calculator, if you earn £{{earningsSliders.yearly | number : 0 }} a year, you'll have to pay £{{incomeTax.yearly | number : fractionSize}} in tax, and you'll also have to pay £{{nationalInsurance.yearly | number : 0}} national insurance. From the sum of £{{earningsSliders.yearly | number : 0 }}, you'll have a personal allowance of £{{yearlyAllowance}}, which means that the amount you earn is below the personal allowance and none of your income will be taxable. which leaves a taxable amount of £{{earningsSliders.yearly - yearlyAllowance | number : 0 }}. Out of this, you'll pay {{basicTax | number}}% tax on £{{taxableAmountBasic | number : 0}}, and {{highTax | number : 0}}% on £{{taxableWithHighTaxSum | number : 0}}, and no higher rate tax, as you earn below that limit. See also £{{earningsSliders.yearly | number : 0 }} after tax, or scroll down to see your tax results.
£
Weekly hours:
student loan, tax code,
tax year, weekly hours,
Scottish tax,
childcare vouchers,
bonuses, dividends,
company benefits
Problems with calculations? e-mail us at {{contact_email}}
Payslip simulator for £{{earningsSliders.yearly | number : fractionSize}} salary
Employee No
069
Employee name
Fery Kaszoni
Process Date
04/Apr/{{tax_year*1 + 1}}
National Insurance Number
NH000000F
Payments
Units
Rate
Amount .
Salary
{{(earningsSliders.monthly / earningsSliders.hourly) | number : 0}}
{{earningsSliders.hourly | number : 2}}
{{earningsSliders.monthly | number : 2}}
Bonus
{{(bonus.to_extract.monthly * 1) | number : 2
}}
Deductions
Amount
PAYE Tax
{{incomeTax.monthly | number : 2}}
National Insurance
{{nationalInsurance.monthly | number : 2}}
Student Loan
{{student_loan_to_deduct.monthly | number : 2}}
Tax Calculation Results
Year
Month
Week
Day
Hour
Salary
salary, before
any deductions
£{{earningsSliders.monthly | number : fractionSize}}
£{{earningsSliders.weekly | number : 0}}
£{{earningsSliders.daily | number : 2}}
if you're working
{{earningsSliders.weekly_hours}} hours a week
(you can change
the hours below in
the options section)
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
}}
(take home pay)
from your salary
and your bonus
that goes into
your bank account
every month
£{{(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 }}
Employer's cost This is the full cost
of an employee
to a company.
The cost includes:
- Salary + tax and NI
- Bonuses + tax and NI
- BIK + tax and NI
- Employer's NI
- Dividends + tax
If dividends are selected:
This also includes the
extra cost of
corporation tax
on the profits on
the sum that
is paid out as
dividends, instead
of being a salary
tax deductible expense.
of an employee
to a company.
The cost includes:
- Salary + tax and NI
- Bonuses + tax and NI
- BIK + tax and NI
- Employer's NI
- Dividends + tax
If dividends are selected:
This also includes the
extra cost of
corporation tax
on the profits on
the sum that
is paid out as
dividends, instead
of being a salary
tax deductible expense.
£{{(cost_to_employer.yearly) | number : 0
}}
£{{(cost_to_employer.monthly) | number : 0
}}
£{{(cost_to_employer.weekly) | number : 0
}}
£{{(cost_to_employer.daily) | number : 0
}}
£{{(cost_to_employer.hourly) | number : 2
}}
Employer's NI This is the extra
National Insurance that
an employer (company) will pay
apart from the usual
tax and NI above.
This will not affect
an employee's net income.
National Insurance that
an employer (company) will pay
apart from the usual
tax and NI above.
This will not affect
an employee's net income.
£{{(employers_ni.ni.yearly) | number : 0
}}
£{{(employers_ni.ni.monthly) | number : 0
}}
£{{(employers_ni.ni.weekly) | number : 0
}}
£{{(employers_ni.ni.daily) | number : 0
}}
£{{(employers_ni.ni.hourly) | number : 2
}}
Corporation tax This is the corporation tax
that an employer (company) will
pay on the dividend value
as dividends are not
tax free expense
like the salaries.
Dividends are taken
out from the company
after profits
therefore you need to
pay corporation tax
on this part of the profits,
if they are not taken
out as a salary.
This will cost the company more.
This will be added
as a cost to the company,
to compare dividends vs salary.
that an employer (company) will
pay on the dividend value
as dividends are not
tax free expense
like the salaries.
Dividends are taken
out from the company
after profits
therefore you need to
pay corporation tax
on this part of the profits,
if they are not taken
out as a salary.
This will cost the company more.
This will be added
as a cost to the company,
to compare dividends vs salary.
£{{(corporation_tax.all.yearly) | number : 0
}}
£{{(corporation_tax.all.monthly) | number : 0
}}
£{{(corporation_tax.all.weekly) | number : 0
}}
£{{(corporation_tax.all.daily) | number : 0
}}
£{{(corporation_tax.all.hourly) | number : 2
}}
Payslip simulator for £{{earningsSliders.yearly | number : fractionSize}} salary
Employee No
069
Employee name
Fery Kaszoni
Process Date
04/Apr/{{tax_year*1 + 1}}
National Insurance Number
NH000000F
Payments
Units
Rate
Amount
Salary
{{(earningsSliders.monthly / earningsSliders.hourly) | number : 0}}
{{earningsSliders.hourly | number : 2}}
{{earningsSliders.monthly | number : 2}}
Bonus
£{{(bonus.to_extract.yearly * 1) | number : 0
}}
Deductions
Amount
PAYE Tax
{{incomeTax.monthly | number : 2}}
National Insurance
{{nationalInsurance.monthly | number : 2}}
Student Loan
{{student_loan_to_deduct.monthly | number : 2}}
Problems with
calculations? e-mail us at {{contact_email}}
Advanced options
Other income sources
Total gross income, including all options and benefits in kind:
£{{all_earnings | number : fractionSize}}
£{{earningsSliders.yearly | number : fractionSize}} salary calculation illustrated for THIS year
£{{earningsSliders.yearly | number : fractionSize}} salary calculation illustrated for PREVIOUS year (2018-2019)
UK Tax and NI bands used to calculate your £{{earningsSliders.yearly | number : fractionSize}} salary
Please note: changing the tax year below will change the calculations on this whole page as well. Tax year - 2019/2020 Tax year - 2018/2019 Tax year - 2017/2018 Tax year - 2016/2017
UK Tax Calculations
UK NI Calculations
UK Dividend Calculations
Personal allowance:
£{{yearlyAllowance | number : fractionSize}}
Personal allowance limit:
£100,000
Basic tax band (20%):
£{{yearlyAllowance + 1*1 | number : fractionSize}} - £{{yearlyAllowance +
highTaxLimit | number : fractionSize}}
Higher rate tax band (40%):
£{{yearlyAllowance + highTaxLimit + 1*1 | number : fractionSize}} - £{{highestTaxLimit | number : fractionSize}}
Highest rate tax band (45%):
Above £{{highestTaxLimit | number : fractionSize}}
NI threshold (allowance):
£{{nationalInsuranceYearlyThreshold | number : fractionSize}}/year
(£{{nationalInsuranceYearlyThreshold / working_weeks | number : fractionSize}}/week)
(£{{nationalInsuranceYearlyThreshold / working_weeks | number : fractionSize}}/week)
12% rate NI band:
Yearly:
£{{nationalInsuranceYearlyThreshold | number : fractionSize}} - £{{nationalInsuranceUpperLimit | number : fractionSize}}
Weekly:
£{{nationalInsuranceYearlyThreshold / working_weeks | number : 0}} - £{{nationalInsuranceUpperLimit / working_weeks | number : 0}}
£{{nationalInsuranceYearlyThreshold | number : fractionSize}} - £{{nationalInsuranceUpperLimit | number : fractionSize}}
Weekly:
£{{nationalInsuranceYearlyThreshold / working_weeks | number : 0}} - £{{nationalInsuranceUpperLimit / working_weeks | number : 0}}
2% rate NI band:
Yearly:
Above £{{nationalInsuranceUpperLimit | number : fractionSize}}
Weekly:
Above £{{nationalInsuranceUpperLimit / working_weeks | number : 0}}
Above £{{nationalInsuranceUpperLimit | number : fractionSize}}
Weekly:
Above £{{nationalInsuranceUpperLimit / working_weeks | number : 0}}
Dividend allowance:
£{{dividends.settings.initial_settings.allowance | number : 0}}
Basic rate:
{{dividends.settings.initial_settings.rates.basic_rate | number : 1}}%
Higher rate:
{{dividends.settings.initial_settings.rates.higher_rate | number : 1}}%
Additional rate:
{{dividends.settings.initial_settings.rates.additional_rate | number : 1}}%
Scottish Tax Rules
Student Loan: Plan 1
Student Loan: Plan 2
Personal allowance:
£{{yearlyAllowance | number : fractionSize}}
Personal allowance limit:
£100,000
Starter Rate ({{scottish_bands.starter.rate | number : 0}}%):
£{{scottish_bands.starter.start + 1*1 | number : fractionSize}} - £{{
scottish_bands.starter.end | number : fractionSize}}
Basic Rate ({{scottish_bands.basic.rate | number : 0}}%):
£{{scottish_bands.basic.start | number : fractionSize}} - £{{
scottish_bands.basic.end | number : fractionSize}}
Intermediate Rate ({{scottish_bands.intermediate.rate | number : 0}}%):
£{{scottish_bands.intermediate.start | number : fractionSize}} - £{{
scottish_bands.intermediate.end | number : fractionSize}}
Higher Rate ({{scottish_bands.higher.rate | number : 0}}%):
£{{scottish_bands.higher.start | number : fractionSize}} - £{{
scottish_bands.higher.end | number : fractionSize}}
Top Rate ({{scottish_bands.top.rate | number : 0}}%):
£{{scottish_bands.top.start | number : fractionSize}} - £{{
scottish_bands.top.end | number : fractionSize}}
Personal allowance:
£{{yearlyAllowance | number : fractionSize}}
Personal allowance limit:
£100,000
Basic tax band (20%):
£{{yearlyAllowance + 1*1 | number : fractionSize}} - £{{yearlyAllowance +
highTaxLimit | number : fractionSize}}
Higher rate tax band (40%):
£{{yearlyAllowance + highTaxLimit + 1*1 | number : fractionSize}} - £{{highestTaxLimit | number : fractionSize}}
Highest rate tax band (45%):
Above £{{highestTaxLimit | number : fractionSize}}
Threshold (allowance):
Yearly
£{{student_loan.plan_1.allowance | number : 0}}
Monthly
£{{student_loan.plan_1.allowance / 12 | number : 0}}
Weekly
£{{student_loan.plan_1.allowance / working_weeks | number : 2}}
£{{student_loan.plan_1.allowance | number : 0}}
Monthly
£{{student_loan.plan_1.allowance / 12 | number : 0}}
Weekly
£{{student_loan.plan_1.allowance / working_weeks | number : 2}}
Rate for earnings above threshold:
{{student_loan.plan_1.rate | number : 0}}%
Threshold (allowance):
Yearly
£{{student_loan.plan_2.allowance | number : 0}}
Monthly
£{{student_loan.plan_2.allowance / 12 | number : 0}}
Weekly
£{{student_loan.plan_2.allowance / working_weeks | number : 2}}
£{{student_loan.plan_2.allowance | number : 0}}
Monthly
£{{student_loan.plan_2.allowance / 12 | number : 0}}
Weekly
£{{student_loan.plan_2.allowance / working_weeks | number : 2}}
Rate for earnings above threshold:
{{student_loan.plan_2.rate | number : 0}}%