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Tax & NI Calculator 2020 - 2021

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Select your country and type in your salary to calculate how much tax you pay

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2020 - 2021 Income Tax and NI calculator

Personal Allowance 2020/2021

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.

Earning Personal Allowance (per year)
If you are earning up to £100,000 £12,500
If you are earning between £100,000 and £125,000 Decreases from £12,500 by 50% of every pound you earn (above £100,000) until it reaches £0
If you are earning £125,000 or more £0
Blind person receive an additional amount of £2500 on top of the personal allowance

Tax Rates 2020/2021

These rates apply to different portions of your earnings

Tax rates for Eng, Wales & N.Ireland

Your earning [per year if you have full standard Personal Allowance] Tax Rate 2020 - 2021 That is
Up to £12,500 No tax taken £0
£12,501 - £50,000 20% Basic rate
£50,001 - £150,000 40% Higher rate
over £150,000 45% Additional rate

Tax rates for Scotland

Your earning [per year if you have full standard Personal Allowance] Tax Rate 2020 - 2021 That is
Up to £12,500 No tax taken £0
£12,501 - £14,585 19% Starter rate
£14,586 - £25,158 20% Basic rate
£25,159 - £43,430 21% Intermediate rate
£43,431 - £150,000 41% Higher rate
over £150,000 46% Top rate

National Insurance rate 2020/2021

These rates below apply to different portions of your earning.

Your Earning
[Per year]
National Insurance Rate That is
Earnings up to £9500 0% No National Insurance contribution is payable
Earnings between £9500 and £50,000 12% Salary minus £9500 = X, 12% of X
Earnings £50,000 or more 2% £50,000 minus £9500 = £40,500, 12% of £40,500 plus salary minus £50,000 = 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.