| Annual | Monthly | |||
|---|---|---|---|---|
| This Year | Last Year | This Year | Last Year | |
| Gross Income | £0.00 | £0.00 | £0.00 | £0.00 |
| Pension Deductions | £0.00 | £0.00 | £0.00 | £0.00 |
| Taxable Income | £0.00 | £0.00 | £0.00 | £0.00 |
| Tax | £0.00 | £0.00 | £0.00 | £0.00 |
| National Insurance | £0.00 | £0.00 | £0.00 | £0.00 |
| Student Loan | £0.00 | £0.00 | £0.00 | £0.00 |
| Take Home | £0.00 | £0.00 | £0.00 | £0.00 |
2011 and 2010 Comparison
Want to know more about why your salary is different with the new tax year? Use the 2011 / 2010 Comparison Calculator to see where the differences originate:
How to use the Take-Home Calculator
To use the tax calculator, enter your annual salary (or the one you would like) in the "Salary" box. Select your age range from the options provided.
Find out the benefit of that overtime! Enter the number of hours, and the rate at which you will get paid. For example, for 5 hours a month at time and a half, enter 5 @ 1.5. There are two options in case you have two different overtime rates. To keep the calculations simple, overtime rates are based on a normal week of 37.5 hours.
New! If you know your tax code, enter it into the tax code box for a more accurate take-home pay calculation. If you are unsure of your tax code just leave it blank and the default code will be applied.
If you have a company pension which is deducted automatically, enter the percentage rate at which this is deducted. Pension contributions are estimates, click to learn more about pension contributions on The Salary calculator.
If you are married, tick the "Married" box. Similarly, tick the "Blind" box if you are blind. If you are making Student Loan repayments, tick the "Student Loan" box.
When you're done, click on the "Go!" button, and the table on the right will display the information you requested from the tax calculator. You'll be able to see the gross salary, taxable amount, tax, national insurance and student loan repayments on annual, monthly, weekly and daily bases.
This is based on Income Tax, National Insurance and Student Loan information from April 2011. More information on tax rates here.
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