Tax calculators and tax tools to check your income and salary after deductions such as UK tax, national insurance, pensions and student loans. Updated for the 2024-2025 tax year.
| Your Income Summary | Yearly | Monthly | |
|---|---|---|---|
| Gross Income | £0 | £0 | £0 |
| Tax Free Income | £12,570 | £1,048 | £242 |
| Taxable Income | £0 | £0 | £0 |
| Income Tax | £0 | £0 | £0 |
| National Insurance Contributions | £0 | £0 | £0 |
| Total Deductions From Income | £0 | £0 | £0 |
| Take Home Income | £0 | £0 | £0 |
| Difference from 2023 | +£0 | +£0 | +£0 |
Tax Calculation
| Your Income Summary | Yearly | Monthly | |
|---|---|---|---|
| Gross Income | £0 | £0 | £0 |
| Tax Free Income | £12,570 | £1,048 | £242 |
| Taxable Income | £0 | £0 | £0 |
| Income Tax | £0 | £0 | £0 |
| National Insurance Contributions | £0 | £0 | £0 |
| Total Deductions From Income | £0 | £0 | £0 |
| Take Home Income | £0 | £0 | £0 |
| Difference from 2023 | +£0 | +£0 | +£0 |
Important tax notes for your calculation
From the date of birth provided (01/01/1994), by the end of tax year 2024/2025, you will be 31 years old. This is the information used to calculate your personal allowance.
Using your date of birth, your state pension date will be 01/01/2062.
You will be 68 years old when you reach state pension age.
Personal Allowance taking into account your age, tax code and the 2024/2025 year is £12,570
Your total tax free allowance is £12,570.
How The Government Spends Your Taxes (Income Tax and National Insurance)
Using Government spending data obtained from the 2024 PESA (Public Expenditure Statistical Analyses),
The following is a breakdown of your how your taxes are spent:
Below is a chart of how the tax on £0.00 has changed over the last 10 years
Here is how the net income on a salary of calculating... compares when inflation adjusted (CPI).
For comparative purposes this is for a PAYE employee aged 30 over the last ten years from the selected tax year.
The 'red line' on the chart shows your post-tax income over the years, now adjusted for inflation.
In real terms, in calculating... you take home calculating... more compared to calculating....
The gross incomes were CPI adjusted for each year, net incomes re-calculated using the tax rules for that year and then net incomes CPI adjusted back to the selected year to allow a 'real terms' net income check.
The UK income percentile for a gross income of £0
Income percentiles provide a way to understand how an individual's or household's income compares to the overall income distribution in a country. They divide the population into 100 equal groups based on income, with the 1st percentile representing the lowest earners and the 99th percentile representing the highest earners.
We use data estimated from the Survey of Personal Incomes each year, which are normally a couple of years behind the current tax year, but provide a pre and post tax dataset of income distribution.
Your percentile provides context on how your income compares to others, which may influence your tax planning decisions.
You can also use our full UK income percentile calculator to check further.
How an average employee is taxed on in 16 major economies of the world.
calculating...
Compare countries yourself using our World Tax Calculator.
Salary Sacrifice from a Salary of calculating...
How much does reducing your salary in exchange for a benefit cost you?
How much do you need to reduce your salary by?
* these salary sacrifice savings figures are based on the tax calculation you created above with all options such as pensions, student loans, etc included.
* the sacrificed salary will also reduce any pension based on percentages as well as student loan contributions - these changes are not shown in the salary sacrifice table.
* some salary sacrifice benefits are taxable as BIK and some are not, this calculator does not take into account the taxable benefits of salary sacrifice.
Tax and Deductions on Bonus Income
If you receive a bonus, on top of the gross income you have already provided above, you will have additional tax and deductions to consider.
Below is a table of the tax and deductions for bonus payments of between £1,000 and £100,000.
The table shows a column of just the additional tax & national insurance on the bonus, as well as a column with all the deductions on the bonus.
If you have entered a pension above you can opt to calculate bonus taxes without any pension contributions by ticking this box
Side Hustles, Side Jobs and Extra Work To Supplement p.a.
The amount of extra take home pay you can earn is dependent upon the gross income you alreay have.
For example, additional income would also be subject to income tax, national insurance and other deductions like student loans.
If you enter how much extra take home pay you require below we can factor in deductions to calculate the gross income you need.
Enter how much you would want to take home extra every month
£Multiple Incomes (we've input your income below)
If you have more than one source of income, the tax calculation can get very complex due to multiple allowances, rates of tax and varying tax bands dependent on the type of income.
We provide you this simplified tool to calculate the net income you take home based on multiple income sources, when they are combined and deductions are calculated like your self assessment tax return.
Just enter the amounts (annual) in the boxes below and click calculate!
Your Personalised Tax Saving Tips
Below we've detailed five different ways to either reduce your tax bill or maximise your pre-tax income.
Marriage Tax Allowance
People who pay tax at below the higher rate threshold can opt to have 10 percent of their partner's tax-free personal allowance transferred to them.
Based on the calculation above you are not a higher rate taxpayer.
For the selected 2024/2025 tax year, the basic personal tax-free allowance is £12,570, which means your partner can transfer £1,257 to you.
At a full 10 percent allowance transfer (your partner must have the allowance available), we estimate you have a tax saving of £0 for the year.
Claiming Work-Related Expenses
Up to £2,500 of work-related expenses (for which you have not been reimbursed) can be claimed to get a refund on any taxes paid.
The process for this changed in October 2024, which you can read more about in our special article on tax refund rules.
Use the quick tool below to see how much your work-related expenses could take off your tax bill and land you with a refund!
Charitable Giving / Gift Aid
A gift aid donation to a charity is automatically topped up for tax already paid and you can claim back a tax refund on your donation if you pay tax at rates above basic.
Note. the below table is based on just the ... income provided above.
loading gift aid calculation table ...
Household Income vs Single Income
Two incomes have an advantage over a single income, not least due to the extra gross amount but the additional personal tax-free allowance and addition of another basic rate band.
Purely for illustrative purposes, enter an additional income to see the difference between increasing your salary or increasing your partner's salary.
adjust the figures and we will auto-calculate.
Increasing Pension Contributions
There is tax relief available on contributions made to pension schemes, which makes the contribution tax-free using a few different methods.
Making a contribution toward an employer's pension scheme automatically gets tax relief as the pension contribution is made before tax is calculated on your gross income.
Making a contribution toward a private pension plan is made out of your post-tax income therefore the pension provider automatically claims the basic rate tax you've already paid back and adds it to the contribution. Additionally, if you are a higher rate taxpayer, you can claim tax back via your tax return for the higher rate tax already paid.
Having a contribution made toward a pension plan from agreed salary reduction via salary sacrifice is another way to maximise tax benefits as it provides the additional saving for the employer on their national insurance contribution.
You can adjust your pension contributions in the calculation boxes above to see the additional tax savings each contribution entitles you to.
Budget Planner Your monthly take home pay is around £0 per month.
Use the quick budget organiser below to manage your outgoings.
We'll keep your budget stored between your tax calculations so you can adjust your income and come back to this tab.
adjust your partner's income and add your expenses to see the categorised summary here.
How much will your regular savings be worth with interest over 5 years
How much can you borrow for a mortgage or loan?
Assuming 45 percent of your take home pay for the monthly payment, On your own you can afford £0.
If you have a joint mortgage, the monthly payment as a couple that you can afford is £0.
Based on income multiples, you could borrow £0 (solo) and £0 (joint).
Based on affordability, you could borrow £0 (solo) and £0 (joint).
These figures are based on the assumptions: 25 yr term, 3.5% interest and a 3.5x or 4.5x income multiplier.
As default, we'll use income multiples below, but you can override the mortgage amount and overpayment to anything!
You can adjust the figures below to see how they change.
adjust your details to see your mortgage/loan details.
Pension Planner
See how your pension could grow over time
Your Details
Contributions
Investment Assumptions
7th November 2024 - Tax Week 31
Our UK Tax Calculator will make light work of calculating the amount of take home pay you should have after all income tax deductions have been considered.
An accurate breakdown of your pay is provided by incorporating the calculations for the following common pay allowances and deductions:
Once your pay breakdown has been produced you are provided with a table of all deductions, segmented into selectable pay periods. A quick 'at a glance' historic tax chart showing how the gross income provided has differed over the last ten tax years.
You can see how the Government spends the money it receives as income tax and national insurance in two chart breakdowns, which show a percentage spent in each department and another chart, which will breakdown the departmental spend into pounds spent from your contributions.
All tax calculations can be saved and emailed, so you can always return and bring up a copy whenever you need to.
Alongside the numeric comparisons, the calculator will also breakdown your tax status, with the following advanced features:
We have additional tax calculators across the website to help for alternative circumstances, for example you could need to check your payslip, which are cumulatively taxed. Do this using our Payslip Calculator. If you are looking to change job, are weighing up a pay rise and need to dive into your salary, use our Salary Calculator.
This application can only be as accurate as the information that it is provided with. We have taken a lot of care in producing an accurate tax calculator, but rely upon the correct options being chosen and the correct figures provided.
Make sure you have understood the following options:
MARRIED - The married option is currently used to deduce whether a Married Couple's Allowances should be provided. It is only available if you or your spouse were born before April 6th 1935.
BLIND - An individual who is registered blind has an additional tax free allowance element on top of the basic tax free personal allowance.
NIC EXEMPT (No NIC) - If you would like no National Insurance Contributions calculated, ticking this box removes all NIC calculations – you can also set your NIC Letter to X (Exempt).
STUDENT LOAN - If you have payments toward a student loan deducted from your pay, please tick this box for these to be calculated automatically.
DATE OF BIRTH - Your date of birth is now a requirement in order to correctly deduce what your tax free personal allowance should be. It is set to default as 1st January 1970.
SEX - In conjunction with your date of birth, your sex is used to calculate allowances as well as your state pension age. This allows an easy method of working out whether National Insurance payments should be made.
ALLOWANCES/DEDUCTIONS - If you have an additional tax allowance, or tax deduction, you can make an adjustment to the way tax is calculated by providing it in this box. For a tax allowance, please enter a positive figure such as 1000 (for a £1,000 allowance). For a tax deduction, please enter a negative number such as -1000 (for a £1,000 deduction). For example, a company benefit in kind of £3,000 per year should be keyed as a tax deduction of -3000.
TAX CODE - Tax codes are automatically calculated and checked for validity. Please make sure you include the letter and the number part, with no spaces. For example, for 2019 the default tax code is 1250L.
SELF EMPLOYED or CIS - Our calculator can accurately calculate taxes for people who are self employed or working within CIS (Construction Industry Scheme). Ticking this option will change the NI contribution class from Class 1, to Class 4 and Class 2.
PENSION CONTRIBUTIONS - If you regularly contribute into a pension plan, please enter the amount and frequency by which, payments are made for. You can enter a percentage or an amount. For percentage, add a % symbol at the end of the amount. So, if contributing 5 percent, enter '5%'. If contribution £50, enter '50'. The calculator will automatically adjust and calculate any pension tax reliefs applicable. Please note, if your pension is a 'relief-at-source' type of pension, the tax deducted on your payslip may be higher than shown here. In this case, add the pension relief (tax saved) displayed to the tax deducted amount.
TAX YEAR - Please select the correct tax year for which the calculation is to be made. Remember tax years are not calendar years, instead running from 6th April to 5th April.
GROSS INCOME - Enter the gross income you receive from your employment. If you have a salary sacrifice, please enter the amount after sacrifice, unless the sacrifice is for childcare vouchers or pension and they have been detailed in the calculator. If self employed or CIS, enter the profit figure.
PAY PERIOD - Select the pay period applicable to the gross income amount you have entered. All tax calculation made by this calculator are based upon annual taxation rates and allowances, so any figures provided with be annualised.
The following options are part of the advanced set, and are for individuals with more particular tax circumstances:
NIC LETTER - For tax years 2009 and on, you can specify a different NIC letter to the default letter 'A'. Every letter provided changes the way your NI Contributions are calculated. Letters currently supported are A,B,C,D,E,F,G,J,L,S and X.
PENSION TYPE - Three different types of pension scheme are currently supported, providing you with more flexibility when getting an accurate calculation:
AUTO-ENROLMENT/QUALIFYING EARNINGS - You can restrict your pension contributions to only the qualifying earnings band (Between the Lower and Upper Earnings Limits). This option only applies if you have entered a percentage for the pension contribution.
STUDENT LOAN SCHEME - There are two student loan schemes, which determine the amount of the payment that is deducted from your gross income. If your student loan was taken on before September 1st 2012, the payment threshold is lower than if the loan was taken after.
CHILDCARE VOUCHERS - The childcare voucher option is applicable only to schemes which were entered into post April 6th 2011. Enter the amount you have sacrificed from your salary monthly to purchase vouchers.
COMPANY CAR/FUEL/BIK TOTAL VALUE - If you have a company car, fuel or receive any other Benefits in Kind, please enter the total combined BIK value in this box.
ANNUAL BONUS - If you received a bonus payment in the tax year selected, you can either enter it by adding it to the gross income provided or by entering it in this box. Entering the bonus in this box will calculated only the additional tax and national insurance the bonus attracts.
AMOUNT TAXED - If you know how much you were taxed for the selected tax year, enter the amount in this box. This will automatically allow a check against the deduction figure the tax calculator makes. If there is an under or overpayment, it will be highlighted for you.
This tax calculator can provide accurate tax calculations for three different types of employment structure: employed, self employed or construction industry.
There are a few key differences in the calculations between self employed and employed. People who are employed will have a tax code, and deductions are made before they receive their regular salary. Pay will be calculated using the rules for Pay as You Earn, meaning taxes are worked out cumulatively, so are reliant upon the amount of income, taxation and allowance up to each pay period within the tax year. As this tax calculator is based upon annual calculations, it is working out deductions on an end of year basis, and these will correlate with your pay records as long as the pay, from period to period is regular – or if the amount entered into the calculator is the end of tax year total.
Employees have to pay the same income taxes as people who are self employed. The same percentages and bands are used. Where the two employment types differ is:
People within CIS receive regular payments from the contractor they work for, however these payments are made net of basic rate tax, effectively all pay has a flat 20 percent taken off at source – with no regard for personal tax free allowances. It is common for someone working in CIS to be earning below the threshold for higher rate tax so they have some adjustments to make at the end of the tax year. Firstly, their income needs to be totted up, allowances made for expenses, provision made for any tax free personal allowance. Income tax and national insurance payments can then be calculated. There is a strong likelihood of a tax refund in these circumstances, and this can be provided by submitted a Tax Return.
This tax calculator will be able to automatically calculate any refund due in the above scenario.