ListenToTaxman® Income Tax Calculator

2017 / 2018 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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% Yearly Monthly Week 2 Weeks 4 Weeks Day
Gross Pay 100% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
xTax free allowance 0% £11,509.00 £959.08 £221.33 £442.65 £885.31 £44.27
Total taxable 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
xTotal Tax due 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
20.0% rate 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
40.0% rate 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
45.0% rate 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
National Insurance 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Total Deductions 0% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Net Wage 0% £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 2016   £0.00 £0.00 £0.00 £0.00 £0.00 £0.00

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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 £2,290 none

 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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