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Tax & NI Calculator 2010 - 2011

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Enter your salary to calculate how much tax you pay

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2010 - 2011 Income Tax and NI calculator

Personal Allowance 2010/2011

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 £6475
If you are earning between £100,000 and £112,950 Decreases from £6475 by 50% of every pound you earn (above £100,000) until it reaches £0
If you are earning £112,950 or more £0
65 - 74 If you are earning up to £22,900 £9490
If you are earning between £22,900 and £28,930 Decreases from £9490 by 50% of every pound you earn (above £22,900) until it reaches £6475
If you are earning from £28,930 to £100,000 £6475
If you are earning between  £100,000 and £112,950 Decreases from £6475 by 50% of every pound you earn (above £100,000) until it reaches £0
If you are earning £112,950 or more £0
75 and over If you are earning up to £22,900 £9640
If you are earning between £22,900 and £29,230 Decreases from £9640 by 50% of every pound you earn (above £22,900) until it reaches £6475
If you are earning from £29,230 to £100,000 £6475
If you are earning between  £100,000 and £112,950 Decreases from £6475 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 £1890 on top of the personal allowance

Tax Rates 2010/2011

These rates apply to different portions of your earnings

Your earning [per year if you have Personal Allowance of £6,475] Tax Rate 2010 - 2011 That is
Up to £6475 No tax taken £0
£6476 - £43,875 20% Basic rate
£43,876 - £150,000 40% Higher rate
over £150,000 50% Additional rate

National Insurance rate 2010/2011

National Insurance Contribution is payable by everyone, until they have reached the state retirement age.

Below are Class 1 National Insurance rates which is applied to anyone who's employed.

These rates below apply to different portions of your earning.

Your Earning
[Per year]
National Insurance Rate That is
Earnings up to £7225 0% No National Insurance contribution is payable
Earnings between £7225 and £43,875 12% Salary minus £7225 = X, 12% of X
Earnings £43,875 or more 2% £43,875 minus £7225 = £36,650 12% of £36,650 plus salary minus £42,875 = X, 2% of X

Any feedbacks are welcome. Please email admin@iknowtax.com

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 decisions.