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

  Your pay details
?
£ per
I earn (pre-tax)£per
Salary Summary
View
%YearlyMonthlyWeek2 Weeks4 WeeksDay
Gross Pay 100%£0.00£0.00£0.00£0.00£0.00£0.00
xTax 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

Last minute return? Self Assessment checklist and tips

Some last minute tips and links that may help you complete your Self Assessment form and avoid any fines or penalties.

Tax Calendar: Important Dates & Deadlines January - February 2017

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

Self Assessment -Expenses you can claim back as an employee

Wondering what everyday work expenses you can claim back on your self assessment form? Here are some expenses that a PAYE paying employee can claim. Note these can be back dated to also!

Home Working Allowance

If you are working from home you may be entitled to claim the working from home allowance? At £216 a year tax free, it is worth finding out if you qualify.

Forgot about Self Assessment deadline? Have a look at the fines

Here we show just how much a late return and /or a late payment on your self assessment could cost you.

Carry forward past years pension allowances

Previous years unused pension allowances can be carried forward so you can exceed the £40,000 tax free limit this year. Higher earners should make the most of their pension allowance now, as it is under threat.

Highlights of Philip Hammond's Autumn Statement

The main talking points of the Autumn Statement

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.

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.

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.

Tax Calendar: Important Dates & Deadlines January - February 2017

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

Last minute return? Self Assessment checklist and tips

Some last minute tips and links that may help you complete your Self Assessment form and avoid any fines or penalties.

Self Assessment -Expenses you can claim back as an employee

Wondering what everyday work expenses you can claim back on your self assessment form? Here are some expenses that a PAYE paying employee can claim. Note these can be back dated to also!

Home Working Allowance

If you are working from home you may be entitled to claim the working from home allowance? At £216 a year tax free, it is worth finding out if you qualify.

Forgot about Self Assessment deadline? Have a look at the fines

Here we show just how much a late return and /or a late payment on your self assessment could cost you.

Our Recommended Articles

Most read this past month

Tax Guides

Personal Tax Allowances and Rates 2016/17

bookmark.png

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

Contractors - LTD Company v Umbrella?

bookmark.png

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.

Landlord Tax Guide

bookmark.png

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

Self Assessment - Expenses for Self Employed

bookmark.png

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

Self Assessment Guide by Listentotaxman

bookmark.png

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

Inheritance 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.

Tax Basics for Contractors

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

10 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.

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.

Guide to the Changes to Stamp Duty

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

News from around the web

HMRC free webinar tomorrow, 31st Jan 2017

Have questions to ask on your Self Assessment return? Register for free help from HMRC.

Minimum wage changes for the under 24's this month

Those on the minimum wage under 24 years old, and those on Apprenticeships will see an increase in their wage packets this month.

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.

Tested on a