UK Tax and Take Home Pay Calculator

What do you earn?

How much tax do you pay?

Summary for Tax Yr 2015 / 2016
Gross Salary
£0.00
Pension
£0.00
Allowance
£0.00
Taxable Amount
£0.00
Income Tax & National Insurance
Total Income Tax
£0.00
National Insurance
£0.00
Income Summary
Net Pay
£0.00
Net Pay (month)
£0.00

Instructions

Tax Year
Select the tax year that you want to calculate tax for. For example, for April 2013 to April 2014 select 2013 / 2014.

Salary
Enter your gross annual salary (E.g. 25000.00)

Pension
Enter as either a monetry amount or as a percentage. If a percentage, append the amount with a % (E.g. 15%)

Taxable Benefits
Use this to specify a bonus or car allowance

Age
Identify what age group you belong to

Tax Code
If you know if, enter your tax code (E.g. 675L)

Note that the information presented in UK Salary & Tax is for guidance purposes only. You should contact your employer or local Inland Revenue tax office to verify the figures.

What do all of the salary and tax numbers mean?

The Tax Calculator results are presented such that you can view the full breakdown of numbers used to calculate the amount of tax that would be paid for the salary details entered in the form.

The report is divided into groups covering Income Tax, National Insurance and Pension, and each item is described in detail below.

Pension This is a monetry equivalent of the value you entered. The value will be the same if £ was selected or the amount in pounds if the percentage option was selected.
Taxable Benefit This is an optional value, which is added to your base salary but is not used in any pension calculation. This value can be used to identify a benefit like a car allowance, annual bonus or any other value, which is taxable.
Allowance Calculated based on age or tax code this value denotes how much of your salary is tax free. For example in the 2012 tax year the tax free allowance for people under 64 years of age was £8105. Entering a valid tax code will override this default amount. For example if you were issued with a tax code of 501L from the Inland Revenue, your allowance would be £5010. That is the number of your tax code multiplied by 10. K tax codes will show £0 as the allowance is said to have been used and additional tax must be paid. The application will also take into account the following tax codes BR (20% tax is paid against the entire salary), D0 (40% tax is paid against the entire salary) and finally NT (no tax is paid).
Taxable Amount Calculated based on your allowance and pension the value is affected by your age, tax code or pension amount. It represents the amount used to calculate your income tax liability and is result of subtracting your personal allowance and pension contribution from your gross salary. Note that if you entered a K tax code then a sum of money would have been added to this value. A K code identifies that you need to pay an extra amount of tax.
Total Income Tax Using the figures supplied by the Inland Revenue and your allowance this is the amount of tax you owe annually. That is how much of your taxable amount is taxed at 20% and 40%. Note that the 10% tax rate was cancelled in 2007 and is not used by any subsequent tax year calculation.
Total National Insurance Regardless of salary and unless you have opted out everyone pays national insurance. This amount is calculated using official Inland Revenue data, which change depending on the amount you earn.
Total Tax This represents the sum of income tax and national insurance.
Net Pay This is calculated by subtracting your pension contribution and total tax from your gross salary. It represents the net amount you earn annually.
Net Monthly Pay This is your Net Pay divided by 12 months.