Household Tax Calculator

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November 2nd 2024
Tax Week 31
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Household Tax Calculator

How does tax on income differ when there are two people earning in a household? Use this calculator to see.

A few years ago the government introduced the marriage allowance, which allowed the transfer of up to ten percent of one partner's tax-free allowance to the other in a basic rate income household. However, the savings made can be far higher when two incomes are taxed separately rather than one high single income amount.

Use the below tax calculator to see how take home pay differs when incomes are increased or decreased on either partner. The results are quite startling due to the doubling of personal allowances and tax bands.

Household Tax Calculator
Take Home Pay For Combined Income
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