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UK Tax & NI Calculator 2015 - 2016

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]

2015 - 2016 Tax and NI calculator UK

Personal Allowance 2015 - 2016

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 67 If you are earning up to 100,000 10,600
If you are earning between 100,000 and 121,200 Decreases from 10,600 by 50% of every pound you earn (above 100,000) until it reaches 0
If you are earning 121,200 or more 0
67 - 77 If you are earning up to 100,000 10,600
If you are earning between 100,000 and 121,200 Decreases from 10,600 by 50% of every pound you earn (above 100,000) until it reaches 0
If you are earning 121,200 or more 0
78 and over If you are earning up to 27,700 10,660
If you are earning between 27,700 and 27,820 Decreases from 10,660 by 50% of every pound you earn (above 27,700) until it reaches 10,600
If you are earning from 27,820 to 100,000 10,600
If you are earning between 100,000 and 121,200 Decreases from 10,600 by 50% of every pound you earn (above 100,000) until it reaches 0
If you are earning 121,200 or more 0
Blind person receive an additional amount of 2290 on top of the personal allowance

Tax Rates 2015 - 2016

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 2015 - 2016 That is
Under your Personal Allowance amount No tax taken 0
0 - 31,785 20% basic rate
31,786 - 150,000 40% higher rate
over 150,000 45% additional rate

National Insurance Rates 2015/2016

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 8060 0% No National Insurance contribution is payable
Earnings between 8060 and 42,380 12% Salary minus 8060 = X, 12% of X
Earnings 42,380 or more 2% 42,380 minus 8060 = 34,320, 12% of 34,320 plus salary minus 42,380 = X, 2% of X

How is tax calculated?

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