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UK Tax & NI Calculator 2013 - 2014

Income £  Paid:  Age: click for infoBlind
click for infoNo NI
click for infoMCA
   weekly hours: 
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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 2011 [click show]

2013 - 2014 income tax and NI calculator UK

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Personal allowance 2013/14

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)
  If you are earning up to £100,000 £9440
Under 65 If you are earning between  £100,000 and £118,880 Decreases from £9440 by 50% of every pound you earn (above £100,000) until it reaches £0
  If you are earning £118,880 or more £0
  If you are earning up to £26,100 £10,500
  If you are earning between £26,100 and £28,220 Decreases from £10,500 by 50% of every pound you earn (above £26,100) until it reaches £9440
65 - 74 If you are earning from £28,220 to £100,000 £9440
  If you are earning between  £100,000 and £118,880 Decreases from £9440 by 50% of every pound you earn (above £100,000) until it reaches £0
  If you are earning £118,880 or more £0
  If you are earning up to £26,100 £10,660
  If you are earning between £26,100 and £28,540 Decreases from £10,660 by 50% of every pound you earn (above £26,100) until it reaches £9440
75 and over If you are earning from £28,540 to £100,000 £9440
  If you are earning between  £100,000 and £118,880 Decreases from £9440 by 50% of every pound you earn (above £100,000) until it reaches £0
  If you are earning £118,880 or more £0
Blind person get an additional amount of £2160 on top of the personal allowance

This table is rounded up to the nearest pound

Tax rates 2013/2014

These rates are used to apply to the different portions of your earning

Your earning [per year after taking away your Personal Allowance amount from your earning] Tax rate 2013 - 2014  that is
Under your personal allowance amount No tax is taken £0
£0 - £32,010 20% called basic rate
£32,011 - £150,000 40% called higher rate
over £150,000 45% called additional rate

National Insurance rate 2013/2014

National Insurance Contribution is payable by everyone, until you have reached the state retirement age. Currently the state retirement age is for males is 65 years old and females is 60 years old.

Your earning [per year] National Insurance rate
  that is
Earnings up to  £7748 0% No National Insurance contribution is payable
Earnings between £7748 and £41,444 12% Salary minus £7748 = X, 12% of X
Earnings £41,444 or more 2% £41,444 minus £7748 =  £33,696, 12% of £33,696 plus salary minus £41,444 = X, 2% of X

These rates are used to apply to the different portions of your earning.

To learn how tax is calculated with examples visit the home page: http://iknowtax.com

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

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