229 comments and Suggestions viewing 1 - 5
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Hi, this a fabulous tool, thank you. I can't inc. car allowance tho. I'm adding it to gross salary now but not sure that's ok
Moira Smith - 04/08/2018 23:04:36
You can add your car allowance to the Allowances/Deductions input box. It would be a deduction so enter a minus figure... e.g. -3000 for a 3000 car allowance. You also need to enter 3000 into the Total BIK box.
Ray Arman
Annual Bonus box doesnt alter the Gross salary after pressing calculate. Please fix. Otherwise a fab site!
Himesh - 26/07/2018 15:21:28
The annual bonus box is for people to check the effect of a bonus on their regular income - it creates an additional info box (scroll down the results page) with info on the total income with the bonus and the salary and national insurance related to the bonus only.
Ray Arman
My wife does not work at all. Can we still transfer some of her unused tax allowance?
John Skipper - 29/06/2018 13:48:07
Yes, personal allowance is transferable if you don’t earn anything or your income is £11,850 or less (2018/2019). You can apply online at https://www.gov.uk/apply-marriage-allowance
Ray Arman
Student loans not calculated correctly. Guessing you need to adjust the threshold for the new 25k from the old 21k threshold
Greg - 10/06/2018 18:24:03
It depends on whether you have a Plan One or Plan Two Student Loan. Please double check if you have selected Plan Two (Post-Sept 2012) as only this loan type has had the threshold increased to 25k. The threshold for original Plan One (Pre-Sept 2012) loans is 18330.
Ray Arman
I would like to see Mutiple pension income, interest income, dividend income,foreign income and capital gains
David - 12/05/2018 11:02:46
You can calculate the above using either uktaxcalculators.co.uk/wizard/ or uktaxcalculators.co.uk/fast-multiple-income-tax-calculator/ . Foreign income is complicated due to double taxation and is something that would require more in-depth information to be accurate.
Ray Arman
