the table or rotate phone to view in landscape2022 - 2023 Income Tax and NI calculator
Personal Allowance 2022/2023
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 | £12,570 | |
| If you are earning between £100,000 and £125,140 | Decreases from £12,570 by 50% of every pound you earn (above £100,000) until it reaches £0 | |
| If you are earning £125,140 or more | £0 |
|
| Blind person receive an additional amount of £2600 on top of the personal allowance | ||
Tax Rates 2022/2023
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 2022 - 2023 | That is |
|---|---|---|
| Up to £12,570 | No tax taken | £0 |
| £12,571 - £50,270 | 20% | Basic rate |
| £50,271 - £125,140 | 40% | Higher rate |
| over £125,140 | 45% | Additional rate |
Tax rates for Scotland
| Your earning [per year if you have full standard Personal Allowance] | Tax Rate 2022 - 2023 | That is |
|---|---|---|
| Up to £12,570 | No tax taken | £0 |
| £12,571 - £14,732 | 19% | Starter rate |
| £14,733 - £25,688 | 20% | Basic rate |
| £25,689 - £43,662 | 21% | Intermediate rate |
| £43,663 - £150,000 | 41% | Higher rate |
| over £150,000 | 46% | Top rate |
National Insurance rate 2022/2023
National Insurance Contribution is payable by everyone, until you have reached the state retirement age. National Insurance pays for your state pension and other state benefits.
These rates below apply to different portions of your earning.
Note: In 2022/2023 tax year, NI rates were changed mid year
National Insurance rates from 6 April 2022 to 5 July 2022
| Your Earning [Per year] |
National Insurance Rate | That is |
|---|---|---|
| Earnings up to £9880 | 0% | No National Insurance contribution is payable |
| Earnings between £9880 and £50,270 | 13.25% | Salary minus £9880 = X, 13.25% of X |
| Earnings £50,270 or more | 3.25% | £50,270 minus £9880 = £40,390, 13.25% of £40,390 plus salary minus £50,270 = X, 3.25% of X |
National Insurance rates from 6 July 2022 to 5 November 2022
| Your Earning [Per year] |
National Insurance Rate | That is |
|---|---|---|
| Earnings up to £12,570 | 0% | No National Insurance contribution is payable |
| Earnings between £12,570 and £50,270 | 13.25% | Salary minus £12,570 = X, 13.25% of X |
| Earnings £50,270 or more | 3.25% | £50,270 minus £12,570 = £37,700, 13.25% of £37,700 plus salary minus £50,270 = X, 3.25% of X |
National Insurance rates from 6 November 2022 to 5 April 2023
| Your Earning [Per year] |
National Insurance Rate | That is |
|---|---|---|
| Earnings up to £12,570 | 0% | No National Insurance contribution is payable |
| Earnings between £12,570 and £50,270 | 12% | Salary minus £12,570 = X, 13.25% of X |
| Earnings £50,270 or more | 2% | £50,270 minus £12,570 = £37,700, 12% of £37,700 plus salary minus £50,270 = X, 2% of X |
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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 decisions.