ListenToTaxman® Income Tax Calculator

2016 / 2017 Salary & HMRC Tax Calculator

Wage calculator: Number 1 free UK tax calculator since 1998., national insurance, HMRC taxes and net pay

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Salary Summary
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%YearlyMonthlyWeek2 Weeks4 WeeksDay
Gross Pay 100%£0.00£0.00£0.00£0.00£0.00£0.00
Tax free allowance 0%£11,000.00£916.67£211.54£423.08£846.15£42.31
Total taxable0%£0.00£0.00£0.00£0.00£0.00£0.00
xTotal Tax due0%£0.00£0.00£0.00£0.00£0.00£0.00
20% rate0%£0.00£0.00£0.00£0.00£0.00£0.00
40% rate0%£0.00£0.00£0.00£0.00£0.00£0.00
45% rate0%£0.00£0.00£0.00£0.00£0.00£0.00
National Insurance0%£0.00£0.00£0.00£0.00£0.00£0.00
Total Deductions0%£0.00£0.00£0.00£0.00£0.00£0.00
Net Wage0%£0.00£0.00£0.00£0.00£0.00£0.00
Employers NI 0%£0.00£0.00£0.00£0.00£0.00£0.00
Net change from 2015 £0.00£0.00£0.00£0.00£0.00£0.00

Latest News

16/03/16 2016/17 updates now live on the calculator

The changes from April 5th are now live on the calculator, includes the changes to marriage allowances.. If you select the 2016/2017 value from the UK Tax Year field, you should be good to go. Here are the allowances, rates, and changes to them, explained. 25,551

01/09/14 Contracting / Freelancing - 10 pitfalls to avoid

Get it right and contracting gives you the best of all worlds: flexible working patterns, uncapped income, tax breaks and an ever-growing network of contacts. There are, however, potential pitfalls - here are ten to consciously avoid. 62,762

27/06/16 Tax Credit overpayment problems predicted as the disregard drops back to 2005 level.

Over payments likely to become a problem again -drop in the Tax Credit Disregard from £5,000 to £2,500. Renew your Tax Credits before July 31st. 19,317

04/08/16 Tax Calendar: Important Dates & Deadlines August - September 2016

Now updated with September dates, here's a list of important tax dates and deadlines for the coming months. 167,383

01/04/16 2015/16 End of year tax planning-use your allowances to reduce your tax bill

Some tax savings tips that can be implemented before April 5th. 4,314

27/03/16 Check your Tax Credits, or you could be out of pocket

Double check details or you could end up owing money back. There has been another drop in the Tax Credit Disregard. 12,072

16/03/16 Talking points from todays Budget Announcement.

New lifetime ISA for under 40's; Sugar Tax on soft drink companies; Increase in ISA limit; Decrease in Corporation Tax; Increased tightening of tax loopholes; all schools in England to become academies; Increase in the Higher Income Threshold to £45,000; Longer school days. 4,132

08/07/15 Summary of the Emergency 2015/16 Budget, 8th July 2015.

Major cuts to welfare and a new National Living Wage, just some of the highlights of todays Budget announcements. Further increase in Personal Allowance to £11,000 and change to the threshold. 12,680

18/03/15 Summary of 2015/16 budget changes

Annual Tax Return to be abolished. New Home Buyers ISA. Personal Allowance to increase to £11,000 in 2 years. Read on to see how the budget will affect your take home wage. 64,034

11/02/15 2014/15 end of Tax Year planning-Use your Allowances to reduce your tax bill.

Last minute Tax Planning. Our basic guide to what annual allowances you have and how to use them to reduce your tax bill. 33,971

Our Recommended Articles

16/03/162016/17 updates now live on the calculator

01/09/14Contracting / Freelancing - 10 pitfalls to avoid

27/06/16Tax Credit overpayment problems predicted as the disregard drops back to 2005 level.

04/08/16Tax Calendar: Important Dates & Deadlines August - September 2016

25/01/15Last minute return? Self Assessment checklist and tips

27/01/14Self Assessment -Expenses you can claim back as an employee

18/12/13Forgot about Self Assessment deadline? Have a look at the fines

16/12/13Carry forward past years pension allowances

06/03/13HMRC goes after property tax evaders

13/02/13Soften the Child Benefit blow with these tips

04/10/12Home Working Allowance

Most read this past month

Tax Guides

16/05/16Contractors - LTD Company v Umbrella?

What are the benefits for contractors of setting up a Limited Company vs Umbrella Company? Read our guide, see how much you could take home in each setup.

27/05/16Landlord Tax Guide

In our detailed Landlord Tax Guide, our experts tell you what you can claim in expenses and a comprehensive insight into HMRC tax rules

22/04/16Self Assessment - Expenses for Self Employed

Tips on what business expenses you can claim when self employed.

02/10/15Self Assessment Guide by Listentotaxman

Our guide to making your online self assessment return with tips on reducing you tax bill and avoiding fines.

02/10/1510 personal finance tips freelancers & contractors need to know

Organised properly, freelancing/contracting can be the most rewarding way to make a living. Skilful tax planning can transform your finances - and with 15% of the workforce self-employed, financial services providers are at last offering the support contractors and freelancers need.

24/03/15End of Tax Year planning-Use your Allowances to reduce your tax bill.

Last minute Tax Planning. Our basic guide to what annual allowances you have and how to use them to reduce your tax bill.

03/12/14Guide to the Changes to Stamp Duty

The Listentotaxman guide to the changes to Stamp duty from the 4th of Dec 2014.

26/04/16Personal Tax Allowances and Rates 2016/17

We've listed the various tax rates, personal tax free allowances, national insurance bands which have been updated now for the 2016/2017 Tax Year

10/03/14Inheritance Tax Guide- Your need to know Guide

Our basic guide to Inheritance Tax (IHT) and how you can save by a bit of forward planning.

25/10/13Tax Basics for Contractors

Our Guide to tax, VAT, NI for Contractors, including tax saving tips.

News from around the web

05/04/16 From April 1st 2016 Employers must pay the new Living Wage.

1,759

28/01/16 Lost your Self Assessment user code or password? Here is how to get a new one.

3,123

28/01/16 HMRC Self Assessment Helpline Opening Hours for this weekend.

3,088

29/12/15 Dec 30th deadline for HMRC to collect 14/15 tax owing through 15/16 tax code

3,474

01/05/15 Solicitors Tax Campaign payment deadline looming.

HMRC's latest campaign is drawing to a close. 9th June sees deadline for Solicitors Tax Campaign. 6,834

18/03/15 Budget news: Annual Tax Return to be abolished

8,295

31/01/15 Helpline's will close early today cause it is a Sat- 4pm. HMRC state that over 500 people a minute are filing their tax return today.

As the self assessment deadline falls on a Sat this year, please note the HMRC helpline will be closing early at 4pm. HMRC's twitter feed is saying that over 100,000 people have filed their tax return since midnight last night, an average of 500 a minute. 8,384

03/12/14 Newly announced Stamp Duty changes explained.

Treasury has released explanation and figures on the newly announced changes to Stamp Duty which come into place from midnight tonight. 8,958

04/10/14 The first snowfall of the season fell on Scotland today! Winter fuel benefit explained.

Winter is coming! So just who is eligible for the winter fuel benefit and how do you go about getting it? 18,694

03/10/14 New undeclared income from 2014? You need to register for Self Assessment by 5th Oct

The deadline to register for Self Assessment for the 2013/14 tax year is looming. Remember the changes to Child Benefit in the last few years means some parents now need to make a self assessment return. If you have not received a form from HMRC, then you need to register. 18,965

03/10/14 Having problems understanding VAT and how to make returns?

HMRC are having a a free introductory webinar on VAT, on Monday at 9am 17,330

09/09/14 Are you paying too much in Council Tax? Do you think your property is in too high a tax band?

If so you can challenge this and claim any overpaid council tax as far back as 1993- could be a nice wind fall for some! 22,650

Personal Tax Free Allowances 2016-2017

 

Allowance2015/162016/17Change
Basic£10,600£11,000+ £400
People born between 6th April 1938 - 5th April 1948£10.600£11,000+ £400
People born before 6th April 1938£10.660£11,000+ £340
Married Couples Allowance ( if born before 6th April 1935)£8,355£8,165+ £190
Blind Person's Allowance£2,290£2,290none

 Income Tax Bands

Tax Rate2015/162016/17Change
Basic rate 20%£0 -£31,785£0 -£32,000+ £215
Higher Rate 40%£31,785 - £150,000£32,000 - £150,000- £215
Additional Rate 45%£150,001+£150,001+no change
NOTE: These rates are applied after your tax free allowance has been deducted from your gross wage.

National Insurance Bands

Description2015/162016/17
Weekly Lower earnings limit, primary Class 1£112£112
Weekly Upper earnings limit, primary Class 1£815£827
Weekly Primary threshold£155£155
Weekly Secondary threshold£156£156
Weekly Upper Secondary Threshold for U21’s£815£827

 

Click here for a comprehensive breakdown of the full tax rates & tables for this tax year

  1. The Personal Tax Free Allowance reduces where the income is above £100, 000 - by £1 for every £2 of income above the £100,000 limit. This reduction applies irrespective of age.
  2. 2. These allowances reduce where the income is above the income limit for age-related allowances by £1 for every £2 of income above the limit. For the 2010-11 year the Personal Allowance for people aged 65 to 74 and 75 and over can be reduced below the basic Personal Allowance where the income is above £100,000.
  3. Relief for the Married Couple's Allowance is given at the rate of 10 per cent.

* The 10 per cent starting rate applies to savings income only. If your non-savings income is above this limit then the 10 per cent starting rate for savings will not apply.

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

The UK PAYE tax calculator / salary 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. The most recent rates and bands from HMRC inland revenue and UK budget decisions.

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