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UK Tax & NI Calculator 2011 - 2012

Income Paid: Age:
click for infoBlind
click for infoNo NI
click for infoMCA
weekly hours:

weekly days:
Yearly weeks:
 

Enter your salary and click show to calculate how much tax you pay

  Yearly Monthly Weekly Hourly
Salary
Personal Allowanceclick for info
Tax paid
NI contribution
Total deduction
You Take Home
Compare: Take Home previous year [click show]

2011 - 2012 Tax and NI calculator

Personal Allowance 2011 - 2012

What is Personal Allowance? Personal Allowance is the portion of your earning where tax is not applied, making that portion of your earning tax free.

Age Condition Personal Allowance (per year)
Under 65 If you are earning up to 100,000 7475
If you are earning between  100,000 and 114,950 Decreases from 7475 by 50% of every pound you earn (above 100,000) until it reaches 0
If you are earning 114,950 or more 0
65 - 74 If you are earning up to 24,000 9940
If you are earning between 24,000 and 28,930 Decreases from 9940 by 50% of every pound you earn (above 24,000) until it reaches 7475
If you are earning from 28,930 to 100,000 7475
If you are earning between  100,000 and 114,950 Decreases from 7475 by 50% of every pound you earn (above 100,000) until it reaches 0
If you are earning 114,950 or more 0
75 and over If you are earning up to 24,000 10,090
If you are earning between 24,000 and 29,230 Decreases from 10,090 by 50% of every pound you earn (above 24,000) until it reaches 7475
If you are earning from 29,230 to 100,000 7475
If you are earning between  100,000 and 112,950 Decreases from 7475 by 50% of every pound you earn (above 100,000) until it reaches 0
If you are earning 112,950 or more 0
Blind person receive an additional amount of 1980 on top of the personal allowance

Tax Rates 2011 - 2012

These rates apply to different portions of your earning

Your earning [per year after taking away your Personal Allowance amount from your earning] Tax Rate 2011 - 2012 That is
Under your Personal Allowance amount No tax taken 0
0 - 35,000 20% basic rate
35,001 - 150,000 40% higher rate
over 150,000 50% additional rate

National Insurance Rates 2011/2012

National Insurance Contribution is payable by everyone, until they have reached the state retirement age. National Insurance pays for their state pension and other state benefits.

These rates apply to different portions of your earning

Your Earning [Per year] National Insurance Rate That is
Earnings up to 7228 0% No National Insurance contribution is payable
Earnings between 7228 and 42,484 12% Salary minus 7228 = X, 12% of X
Earnings 42,484 or more 2% [42484 minus 7228 =  35256, 12% of 35256] plus [Salary minus 42484 = X, 2% of X]

How is tax calculated?

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Disclaimer: I am not a tax professional, so please do not use this information to make any big decisions. Do consult a professional when making any big decisions.

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