UK PAYE Tax Calculator 2014 / 2015

The Tax Calculator uses tax information from the tax year 2014 / 2015 to show you take-home pay. See where that hard-earned money goes - with UK income tax, National Insurance, student loan and pension deductions. More information about the calculations performed is available on the about page.

This is your total annual salary, before any deductions have been made.
If you know it, you can enter your tax code in here. If you don't know your tax code, simply leave this blank.
Monthly Overtime@
@
If you do any overtime, enter the number of hours you do each month and the rate you get paid at - for example, if you did 10 extra hours each month at time-and-a-half, you would enter "10 @ 1.5". 5 hours double time would be "5 @ 2".
%If you contribute to a pension scheme, enter the percentage you contribute to the "pension" field.
If your pension is considered "contracted-out", you will pay lower National Insurance at band D or F. This is applied for pensions which are "defined benefit" (salary-related) or "defined contribution" (money purchase) - otherwise the normal band A NI is applied. Your payslip or your employer should be able to confirm whether your pension is contracted out. If you are uncertain, leave this box ticked.
From April 2012, "contracted-out" status will apply only to "defined benefit" schemes - "defined contribution" schemes will attract Band A NICs.
Enter the monthly value of any childcare vouchers you receive as part of salary sacrifice. If you joined the scheme before 6th April 2011, tick the box.
AgeWhich age group you are in affects your tax-free allowance, and whether or not you pay National Insurance. For the 2014/15 tax year, this is your age on 6th April 2014.
 Married people over the age of 75 get a tax rebate - tick this box if this applies to you.
Tick the "Blind" box if you are registered blind, as this affects your personal tax-free allowance.
If you do not pay National Insurance contributions, for instance, if you are over state pension age, tick the "No NI" box.
Student LoanThere are now two methods of repaying Student Loans. If you started your course before 1st September 2012, tick "Plan 1". If you started your course after 1st September 2012, tick "Plan2".
 
 YearlyMonthlyWeeklyDaily
Gross income 0.00 0.00 0.00 0.00
Pension deductions 0.00 0.00 0.00 0.00
Childcare vouchers 0.00 0.00 0.00 0.00
Taxable income 0.00 0.00 0.00 0.00
Total 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

Daily results based on a 5-day week

Using The Tax Calculator

To start using The Tax Calculator, simply enter your annual salary in the "Salary" field in the left-hand table above. If you know your tax code you can enter it, or else leave it blank.

If you do any overtime, enter the number of hours you do each month and the rate you get paid at - for example, if you did 10 extra hours each month at time-and-a-half, you would enter "10 @ 1.5". 5 hours double time would be "5 @ 2".

If you make contributions to a pension scheme, enter the percentage that you contribute in the "Pension" field. The "Contracted out" field depends on how your pension scheme is considered by HMRC. More information is available in the tooltip - if in doubt, leave this box ticked.

If you use salary sacrifice to receive childcare vouchers, enter the amount you receive each month into the Childcare vouchers field. If you joined the voucher scheme before 6th April 2011, tick the box - otherwise, leave the box unticked.

Choose your age range from the options provided, and tick the "Married", "Blind" or "Student Loan" box if any of these apply to you. When you have entered your details, click on the "Calculate" button to see how your take-home pay is calculated. Results will be shown in the right-hand table above.

You can read more about the thresholds and rates used by The Tax Calculator on the about page.

If you are self employed, or employed and self employed at the same time, you might find our sister site useful: Employed and Self Employed.

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