UK Income Tax Calculator
The calculator below will provide an estimate of your income after tax
and National Insurance.
Just enter your gross salary and select the relevant S2P (State Second
Pension) option.
If you don't know whether you are contracted in or out, please select
'no' in the question below.
The calculation will assume that you are contracted in. However, if
you are a member of an occupational pension scheme, you have probably
contracted out of S2P.
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This Calculator ignores contributions to pensions, Childrens Tax
Credit, investment income and benefits-in-kind from employment. The
amount shown can only be a broad approximation of the income tax and
national insurance liabilities and is not applicable for those people
aged over 65 or who are self-employed. This is a guide only. For a
detailed analysis please see your Financial Adviser. The calculator
above uses the basic tax rate of 20% which comes into force on 6 April
2008, but we have used it to give a true reflection of your situation
from then. The above is based on our understanding, as at August 2007,
of current taxation, legislation and HM Revenue & Customs practice,
all of which are liable to change without notice. The impact of
taxation (and any tax reliefs) depends on individual circumstances.
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