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National Insurance contributions table (illustrated using both annual and monthly gross salaries):
------------------------+---------------+----------------------------+-----------------------------+------------------ | NI | | | | Deductible | Basic contributions | Higher contributions | | Income | (£8,060.00 - £43,000.00) | (above £43,000.00) | Total Annual Gross Salary / | after | | | National Monthly Gross Salary | deducting | 12% | 2% | Insurance (£) | £8,060 from +------------+---------------+-------------+---------------| contributions | annual gross | Excess | | Excess | | (£) | salary | Income | Contributions | Income | Contributions | ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 5,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 416.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 8,060.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 671.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 9,060.00 | 1,000.00 | 1,000.00 | 120.00 | 0.00 | 0.00 | 120.00 755.00 | 83.33 | 83.33 | 10.00 | 0.00 | 0.00 | 10.00 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 40,000.00 | 31,940.00 | 31,940.00 | 3,832.80 | 0.00 | 0.00 | 3,832.80 3,333.33 | 2,661.67 | 2,661.67 | 319.40 | 0.00 | 0.00 | 319.40 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 43,000.00 | 34,940.00 | 34,940.00 | 4,192.80 | 0.00 | 0.00 | 4,192.80 3,583.33 | 2,911.67 | 2,911.67 | 349.40 | 0.00 | 0.00 | 349.40 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 45,000.00 | 36,940.00 | 34,940.00 | 4,192.80 | 2,000.00 | 40.00 | 4,232.80 3,750.00 | 3,078.33 | 2,911.67 | 349.40 | 166.67 | 3.33 | 352.73 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 50,000.00 | 41,940.00 | 34,940.00 | 4,192.80 | 7,000.00 | 140.00 | 4,332.80 4,166.67 | 3,495.00 | 2,911.67 | 349.40 | 583.33 | 11.67 | 361.07 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ 60,000.00 | 51,940.00 | 34,940.00 | 4,192.80 | 17,000.00 | 340.00 | 4,532.80 5,000.00 | 4,328.33 | 2,911.67 | 349.40 | 1,416.67 | 28.33 | 377.73 ------------------------+---------------+------------+---------------+-------------+---------------+------------------ -
Tax calculation table (illustrated using both annual and monthly gross salaries):
------------------------+-------------+-------------+-------------------------+---------------------------+------------------------+--------------- | | | Basic rate band | Higher rate band | Additional rate band | | | Taxable | (between £11,000.00 | (between £43,000.00 | (above £150,000.00) | | Personal | Income | and £43,000.00) | and £150,000.00) | | Total Annual Gross Salary / | Allowance | after | | | | Tax Monthly Gross Salary | (Tax-free | deducting | 20% | 40% | 45% | Payable (£) | Allowance) | Personal +------------+------------+-------------+-------------+-----------+------------+ (£) | | Allowance | Excess | Tax | Excess | Tax | Excess | Tax | | | | Income | Payable | Income | Payable | Income | Payable | ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 5,000.00 | 11,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 416.67 | 916.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 11,000.00 | 11,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 916.67 | 916.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 12,000.00 | 11,000.00 | 1,000.00 | 1,000.00 | 200.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200.00 1,000.00 | 916.67 | 83.33 | 83.33 | 16.67 | 0.00 | 0.00 | 0.00 | 0.00 | 16.67 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 40,000.00 | 11,000.00 | 29,000.00 | 29,000.00 | 5,800.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,800.00 3,333.33 | 916.67 | 2,416.67 | 2,416.67 | 483.33 | 0.00 | 0.00 | 0.00 | 0.00 | 483.33 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 45,000.00 | 11,000.00 | 34,000.00 | 32,000.00 | 6,400.00 | 2,000.00 | 800.00 | 0.00 | 0.00 | 7,200.00 3,750.00 | 916.67 | 2,833.33 | 2,666.67 | 533.33 | 166.67 | 66.67 | 0.00 | 0.00 | 600.00 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 50,000.00 | 11,000.00 | 39,000.00 | 32,000.00 | 6,400.00 | 7,000.00 | 2,800.00 | 0.00 | 0.00 | 9,200.00 4,166.67 | 916.67 | 3,250.00 | 2666.67 | 533.33 | 583.33 | 233.33 | 0.00 | 0.00 | 766.67 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 60,000.00 | 11,000.00 | 49,000.00 | 32,000.00 | 6,400.00 | 17,000.00 | 6,800.00 | 0.00 | 0.00 | 13,200.00 5,000.00 | 916.67 | 4,083.33 | 2,666.67 | 533.33 | 1,416.67 | 566.67 | 0.00 | 0.00 | 1,100.00 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 100,000.00 | 11,000.00 | 89,000.00 | 32,000.00 | 6,400.00 | 57,000.00 | 22,800.00 | | | | | | | | +0.00 | +0.00 | | | | | | | | =57,000.00 | =22,800.00 | 0.00 | 0.00 | 29,200.00 8,333.33 | 916.67 | 7,416.67 | 2,666.67 | 533.33 | 4,750.00 | 1,900.00 | 0.00 | 0.00 | 2,433.33 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 105,500.00* | 8,250.00 | 97,250.00* | 32,000.00 | 6,400.00 | 62,500.00 | 25,000.00 | | | | | | | | +2,750.00 | 1,100.00 | | | | | | | | =65,250.00 | =26,100.00 | 0.00 | 0.00 | 32,500.00* 8,791.67 | 687.50 | 8,104.17 | 2,666.67 | 533.33 | 5,437.50 | 2,175.00 | 0.00 | 0.00 | 2,708.33 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 111,000.00* | 5,500.00 | 105,500.00* | 32,000.00 | 6,400.00 | 68,000.00 | 27,200.00 | | | | | | | | +5,500.00 | 2,200.00 | | | | | | | | =73,500.00 | =29,400.00 | 0.00 | 0.00 | 35,800.00* 9,250.00 | 458.33 | 8,791.67 | 2,666.67 | 533.33 | 6,125.00 | 2,450.00 | 0.00 | 0.00 | 2,983.33 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 122,000.00* | 0.00 | 122,000.00* | 32,000.00 | 6,400.00 | 79,000.00 | 31,600.00 | | | | | | | | +11,000.00 | +4,400.00 | | | | | | | | =90,000.00 | =36,000.00 | 0.00 | 0.00 | 42,400.00* 10,166.67 | 0.00 | 10,166.67 | 2,666.67 | 533.33 | 7,500.00 | 3,000.00 | 0.00 | 0.00 | 3,533.33 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 130,000.00* | 0.00 | 130,000.00* | 32,000.00 | 6,400.00 | 87,000.00 | 38,400.00 | | | | | | | | +11,000.00 | +4,400.00 | | | | | | | | =98,000.00 | =39,200.00 | 0.00 | 0.00 | 45,600.00* 10,833.33 | 0.00 | 10,833.33 | 2,666.67 | 533.33 | 8,166.67 | 3,266.67 | 0.00 | 0.00 | 3,800.00 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 150,000.00* | 0.00 | 150,000.00* | 32,000.00 | 6,400.00 | 107,000.00 | 42,800.00 | | | | | | | | +11,000.00 | +4,400.00 | | | | | | | | =118,000.00 | =47,200.00 | 0.00 | 0.00 | 53,600.00* 12,500.00 | 0.00 | 12,500.00 | 2,666.67 | 533.33 | 9,833.33 | 3,933.33 | 0.00 | 0.00 | 4,466.67 ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+--------------- 160,000.00* | 0.00 | 160,000.00* | 32,000.00 | 6,400.00 | 107,000.00 | 42,800.00 | | | | | | | | +11,000.00 | +4,400.00 | | | | | | | | =118,000.00 | =47,200.00 | 10,000.00 | 4,500.00 | 58,100.00* 13,333.33 | 0.00 | 13,333.33 | 2,666.67 | 533.33 | 9,833.33 | 3,933.33 | 833.33 | 375.00 | 4,841.67 | | | | | | | | | ------------------------+-------------+-------------+------------+------------+-------------+-------------+-----------+------------+---------------
*past an Annual Gross Salary of £100,000.00, the personal allowance rules change i.e. for every extra £2 earned, the personal allowance reduces by £1. Past an annual gross salary of £122,000.00, NO personal allowance is applicable. And this excess is taxed at the Higher rate tax.
See the Calculations: National Insurance contributions and Tax section to find out what the calculations tables for both National Insurance and Tax calculations.
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