UK Tax & NI Calculator
Easily calculate your income tax and National Insurance contributions in the United Kingdom with this comprehensive calculator. Input your gross annual income, select your tax code and filing status to get accurate results.
| Yearly | Monthly | Weekly | Hourly | |
|---|---|---|---|---|
| Salary | £30,000.00 | £2,500.00 | £576.92 | £15.18 |
| Personal Allowance | £12,570.00 | £1,047.50 | £241.73 | £6.36 |
| Tax paid | £3,486.00 | £290.50 | £67.04 | £1.76 |
| NI contribution | £2,398.58 | £199.88 | £46.13 | £1.21 |
| Total deduction | £5,884.58 | £490.38 | £113.17 | £2.98 |
| You Take Home | £24,115.42 | £2,009.62 | £463.76 | £12.20 |
| Compare with previous year |
How Is Tax Calculated?
Unless you are earning over £125,140 then your tax is calculated by simply taking your Personal Allowance amount away from your income. Once your Personal Allowance has been taken away, the remaining amount will be taxed and your Personal Allowance will be left tax free. However, if you earn over £125,140 then you are not granted Personal Allowance.
For example, if you are earning an annual income of £30,000 and you have a Personal Allowance of £12,570 per year, then £30,000 minus the £12,570 is a total of £17,430. The £17,430 is the only money that will be taxed, and will be taken as a percentage. National Insurance Contributions will be taken from your overall income though, unless you have already reached the state pension age. Any National Insurance costs are taken as a percentage, provided that your salary is above £190 each week, or £9,880 per year (from 6 July 2022 to 5 April 2023: £242 per week, or £12,570 per year).
Income Tax Bands & Rates
| Tax Rate | 2021/22 | 2022/23 |
|---|---|---|
| Basic Rate 20% | £0 - £37,700 | £0 - £37,700 |
| Higher Rate 40% | £37,700 - £150,000 | £37,700 - £150,000 |
| Additional Rate 45% | Over £150,000 | Over £150,000 |
What is Personal Allowance?
Personal Allowance is the amount of money which is a part of your income although is not influenced by any taxing making it completely tax free. Starting on April of 2016, regardless of their age everyone will receive the same amount of Personal Allowance.
What is UK Tax & NI Calculator
The UK Tax & NI (National Insurance) Calculator is a tool used to estimate the amount of income tax and National Insurance contributions an individual may owe based on their income and other factors. In the United Kingdom, income tax and National Insurance are two separate deductions from an individual's earnings.
To use the calculator, you typically need to provide the following information:
- Tax Year: The specific tax year for which you want to calculate taxes.
- Age: Your age, as different tax rules may apply to different age groups.
- Income: Your total taxable income, including earnings from employment, self-employment, pensions, and other sources.
- Allowances: Any applicable allowances or deductions, such as the Personal Allowance or Marriage Allowance.
- Pension Contributions: If applicable, the amount contributed to a registered pension scheme.
Based on this information, the calculator will estimate your income tax liability and National Insurance contributions. It takes into account the current tax rates, thresholds, and allowances set by Her Majesty's Revenue and Customs (HMRC).
Please note that the tax system in the UK can be complex, and individual circumstances may vary. The calculator provides estimates and should not be considered as official tax advice. It's always best to consult with a tax professional or use official HMRC resources for accurate and up-to-date information regarding your specific tax situation.
