An Income Tax Calculator in the UK allows you to estimate how much income tax and National Insurance you will pay based on your yearly salary or self-employment earnings. By entering details such as your annual income, pay frequency, and tax code, the calculator provides a clear breakdown of deductions and your net take-home pay. It follows current HMRC tax brackets, including personal allowance, basic rate, higher rate, and additional rate thresholds.
| Description | Amount |
|---|
| Band | Rate | Income Range |
|---|---|---|
| Personal Allowance | 0% | Up to £12,570 |
| Basic Rate | 20% | £12,571 – £50,270 |
| Higher Rate | 40% | £50,271 – £125,140 |
| Additional Rate | 45% | Over £125,140 |