ListenToTaxman.com

UK PAYE Tax Calculator / Salary Calculator

The number 1 free UK salary calculator tax calculator since 1998. Calculate salary, national insurance, HMRC tax and net pay

Draft 2017-18 Tax Calculator Updated

The updates announced in the Autumn 2017 Tax Budget have been integrated into the calculator.

Following the 'final' Autumn budget, delivered today by Treasurer Philip Hammond, we have integrated the announced changes to Personal Taxation and released it to the site.

The two changes announced were;

  • The increase of the Personal Tax Free Allowance from £11,500 to £11,850
  • Higher rate tax threshold increased from £45,350 to £46,350

In order to see the impact of the changes, please select "Draft 2017/18" from the Tax Year dropdown on the main site.

We will put together a more detailed summary later on, but for now, these are the important points for us.

This article was published in our News section on 22/11/2017.

Some Guides you may be interested in

  • Company car tax for business owners What are the tax implications of buying a company car from a tax perspective? Take a look at our indepth analysis.
  • Landlords - Should you incorporate or not? Iain Rankin our Property Tax Expert, from TaxKings, takes a run through the decision making process to help you weigh up what the appropriate course of action is for you
  • What’s Required For Your First Digital VAT Return The government has started to roll-out Making Tax Digital (MTD) in a bid to engineer the UK tax system so that it embraces the online era. I hope this guide will help you understand the implications.
  • Scotland Vs England And Wales: What Are The Differences In Tax? There are significant differences to how much tax you pay in Scotland in comparison to England.
  • AirBnb vs long-term-rentals For the holiday maker & professionals alike, it’s safe to say that short-term let platforms - such as AirBnb, Flipkey, or Homeaway - have been a bit of a game changer.
  • Bookkeeper v Accountant Are you paying your accountant to prepare your books? Could you save some money by hiring a bookkeeper? Clare Doherty explains the key differences…
  • 5 Tax changes that may affect you this year Following the start of a new tax year, it’s always useful to stay abreast of changes to your responsibility. Certain legislative updates in 2019 have been overshadowed by the spectre of Making Tax Digital for VAT, causing smaller (but significant) changes to be overlooked.
  • Top Ten Claimable Expenses for Limited Companies Let’s start with a thought experiment. I’ll set the scene. You’re a limited company owner, and you, as the director, are the sole employee. You also - understandably – love learning about tax. You open up the Monday morning paper to find some exciting news - HMRC has hinted there are going to be some big changes in the upcoming UK budget.....
  • Salary vs Dividends A guide to tax efficient remuneration for Limited Company directors for 2019/20.
  • What changes to buy-to-let mortgage interest tax relief for landlords? Undoubtedly the biggest source of tax confusion for prospective landlord clients that we speak to here at TaxKings relates to the changes to tax relief for residential landlords, introduced by the UK Government in April 2017.

More from our News section