UK Tax Calculators.co.uk
UK Tax Calculators.co.uk
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Will you be updating the calculators for the 2015-16 tax year. Also the iOS App? I would be happy to pay for an updated app..
Matthew Armistead - 05/03/2015 15:00:45Hi Matthew, Both website and app are now updated!
Ray Arman
Put in a salary of 50k+ and it calculates my basic rate (at 20%) tax to be 6,373 - it should be 4,373....
Alex - 23/12/2014 23:47:51£50,000 after the £10,000 personal allowances leaves £40,000 taxable, of which £31,865 is taxed at 20 percent and the remaining £8,135 is taxed at 40 percent.
Ray Arman
Does the calculator include the £2k employers allowance relieving ER NIC?
David - 28/09/2014 14:29:17No, the calculator does not include £2,000 employers national insurance allowance.
Ray Arman
Aged 77 gross £118,000 pa: why £1,000 allowance. Should be zero if income over £27,100??
Michael Kelly - 30/05/2014 14:39:06As the gross income (£118,000) is over the age-related allowance limit of £27,000, the personal allowance of £10,660 is reduced by £1 for every £2 over the limit. This, however, is capped to the minimum amount of £10,000 for 2014/2015. The further reduction is then applied due to having an income of £100,000 - so another £1 for every £2 over - £9,000 is therefore taken off the basic allowance of £10,000. This leaves a tax free allowance of £1,000.
Ray Arman
Thanks for your great website. Calculation would be clearer if gross dividends were used. Keep up the good work!
Guy - 17/01/2014 20:29:12