Select Year: This salary 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
Tax Region: From the 2017/2018 tax year, scottish parliament has set its own tax rates and bands.
Married: Married couples over the age of 65 may have an increased tfa, 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
National Insurance Letter
- A - This is the standard category for employees who are not in category B, C, H, J, M, V or Z.
- B - This applies to married women and widows who have a valid certificate allowing them to pay reduced National Insurance.
- C - This applies to employees who are over State Pension age.
- D - This applies to employees working in investment zones who can defer National Insurance because they are already paying it in another job.
- E - This applies to married women and widows working in investment zones who have a valid certificate allowing them to pay reduced National Insurance.
- F - This is the standard category for employees working in freeports, except those in category I, L or S.
- H - This applies to apprentices who are under 25.
- I - This applies to married women and widows working in freeports who have a valid certificate allowing them to pay reduced National Insurance.
- J - This applies to employees who can defer National Insurance because they are already paying it in another job.
- K - This applies to employees working in investment zones who are over State Pension age.
- L - This applies to employees working in freeports who can defer National Insurance because they are already paying it in another job.
- M - This applies to employees who are under 21.
- N - This is the standard category for employees working in investment zones, except those in category E, D or K.
- S - This applies to employees working in freeports who are over State Pension age.
- V - This applies to employees who are in their first job since leaving the armed forces as veterans.
- X - This applies to employees who do not have to pay National Insurance, for example because they are under 16.
- Z - This applies to employees under 21 who can defer National Insurance because they are already paying it in another job.
Enter the total rental income you receive. I will deduct the allowable expenses and incorporate the net income into the tax calculation, but not National Insurance
HMRC allows you to claim
“wholly and exclusively” property‑related expenses to run the letting. Common allowable expenses include:
- Repairs & maintenance Fixing boilers, leaks, broken windows, decorating to restore condition (not upgrades).
- Services & utilities Council tax, gas, water, electricity if you pay them (not when tenants pay directly).
- Insurance Landlord insurance (buildings, contents, public liability, rent‑guarantee).
- Letting and management fees Letting‑agent fees, property‑management fees, marketing/letting ads.
- Professional fees Accountant and legal fees tied to your rental (e.g., drafting tenancy agreements, dispute advice).
- Travel and admin Travel to inspect/maintain the property, stationery, phone, and admin costs used for the letting.
- Finance costs (Section 24) Mortgage interest, loan interest, and some arrangement fees are not deducted from profit but qualify for the 20% tax credit.
Please email support@listentotaxman.com if you are interested in becoming a tester for a new product I'm about to launch. SSshhh!
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 contributions 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: Tax Code: If you know your code, include it here. If you are employed and do not complete a self-assessment tax return every year, you might have been given the wrong code by HMRC. Please see our guide
7 Common Reasons you Could Have The Wrong Tax Code in our
Tax Guides section. By including your code, all other options will be disregarded.
Childcare Vouchers: If your employer provides childcare vouchers, you can reduce your tax liability by sacrificing a portion of your salary for the same value in childcare vouchers. If you are a higher rate tax payer, you stand to lose out if you have not signed up to a childcare voucher scheme by April 5th 2011.
If you signed up to your Childcare Voucher scheme before April 6th 2011, and are a higher or top rate tax payer, then you are entitled to higher tax savings from Childcare Vouchers.
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:RAS: Relief at source, is the typical pension scheme provided by your employer. 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.
Note When 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 .
Email Address:Enter your email address and we'll save your details for next time.