Required Salary Calculator

Wondering how much you will need to earn to support the lifestyle you want? Use the Required Salary Calculator to find what you need:

Monthly: £
Age:Under 65
65 to 75
Over 75
Married:
Blind:
Student Loan:
YearlyMonthlyWeeklyDaily*
Gross Income£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
New 2008 Values**£0.00£0.00£0.00£0.00

*Daily values based on a 5-day working week

**On 13th May the Chancellor of the Exchequer announced changes which will take effect from September 2008

How to use the Required Salary Calculator

To find out what salary you need to support the lifestyle of your dreams, enter the monthly take-home value you need in the "Monthly" box. Select your age from the ranges available.

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. 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 2008. More information on tax rates here.

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