UK PAYE Income Tax Calculator 2009
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Tax dueUK PAYE Salary / Wages / Income Tax Calculator 2009
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Get cheap car insurance cover from Kwik Fit Insurance New Payroll BetaThanks to those of you who provided feedback in the polls over the past few weeks. We're listening to your requests, and are working on fulfilling them. Over the next few weeks, we'll be expanding the calculator to include a personal budget service, and also a new payroll site. Sign up today to help shape the functionality of the service, and help me out with some user testing. Thanks, Paul.  Call for WritersIn order to help our regular visitors, I'm looking for assistance from you, the users. If there are any Accountants, Tax Advisors, Pensions & Financial advisors among you who would like to help out with contributing regular articles to the site, please get in touch with me today. email me at support@listentotaxman.com for further details. March 2nd 2009: Annual Update.I've just updated the figures for the new tax year. And, after many, many requests, I've included the employers national insurance breakdown. Apple iPhone app.To all those of you who have asked me to produce the iphone application version of the site, good news It's on the way (it'll also be a nice way for giving me some credit for keeping the site updated for our 10th year now) September 5th: New allowance rates now addedThe climb down on tax free allowance rate announced some months ago comes into effect tomorrow. As a result of these rates coming into effect half way through the year, net monthly and weekly take home pay should be more than the calculator states. (to make up for the first few months of the tax year). Thanks again for all your comments via email. I do read them all. 12th April. Pensions are go.I've added the first installment of changes to account for pension payments from gross wages. I know that there are changes with respect to National Insurance contributions to take into account also, but I'll get that sorted in a while. I hope everyone knows that if you are a higher rate taxpayer, i.e. you earn more than your tax free allowances plus £34,800, you need to either contact hmrc to get your tax code changed, or you need to complete a self assessment tax return in order to get the higher rate tax relief margin paid into your pension. You can contact me if you need any clarification on this. Paul. To those of you who have missed out this time; Don't worry, we'll be providing a digest report of the best bits of the session. With the new tax year only a couple of weeks away, I hope this will prove useful. The thing to remember about the new tax year starting, is that the current tax year is about to end. 03 March 2009. I'll be updating the calculator for the new tax year in the next couple of days. If you want to sign up as a tester or want to be notified when the site is updated, send an email to Beta Testing. |
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Update: The rates for the 2009 / 2010 have now been added to the calculator
As always, this calculator is an organic tool, evolving based on your suggestions. If you feel you would like a feature added to the calculator, let me know support@listentotaxman.com Top Feature Requests
The UK PAYE tax calculator is active since 1998. We are happy to be considered as the number one calculator on the internet for calculating earnings, proving an invaluable tool alongside any small business accounting solution or corporate payroll software. This simple tool calculates tax paid and national insurance contributions. We constantly update the tax calculator with new features, and with the most current tax rates and bands figures from UK budget decisions. If anyone has any comments / suggestions about the site you can drop me an email to support@listentotaxman.com. This site is free to use, but it's not free to run. Help me help you ;) |
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Explanation of terms used in Tax Calculator |
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Select Year: This calculator
has the capability to display your pay details, as they would have
been, back as far as 1999. Remember that the tax year begins on
April 6th of each year
Married: Married couples over the age of 65 may have an increased tax free alowance, and do not pay national insurance.
Blind; Additional allowance is made available to blind persons. No NI; Click this if you want to exclude national insurance contributions from the calculations Student Loan Repayment: If
you were a student, and availed of a student loan, you will begin
to repay this loan once your earnings go above a certain threshold.
This years threshold begins at £15,000. Student loans will be repaid
at a rate of 9% of the additional income over and above this threshold.
Click to include the repayment in your calculations.
Age Group: Additional
allowances, and reduced / no National Insurance contributioins are available for individuals over the age of 60 who
are still in employment.
Additional Allowances
/ Deductions: If you have any additional allowances you wish
to include in your calculations, include them here. Equally,
if you have any deductions that you would like to take into consideration;
add them here with a minus (-) symbol in front of the amount.
Tax Code: If you know your tax code, include it here. By including your tax code, all other calculations will be disregarded.
Gross Income Per Year / Month / Week / Day: Select the time for which you are paid. All calculations will be based on an full years income at the rate specified. E.g. if you specify you are earning �2,000 per mth, the calculator will provide a breakdown of earnings based on a full years salary of �24,000 ( or �2,000 x 12 ).
Wage Summary: Select the columns you would like to display on the wage summary table.
Pension:If you currently have a pension enter the amount that you pay into the pension on a regular basis. This can be entered in a percentage format e.g. 4%, or in a numeric format e.g. 500. NoteWhen entering pension in a numeric format please use the same frequency as you used to enter your gross salary. E.g. if you specified an annual gross salary, the amount entered in the pension box will be for your annual pension contributions . |
