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Income Tax Calculator

Last updated: April 2026

Income Sources

£
£
£
£
£
£

Region

Income Summary

Employment£30,000.00
Self-employment£0.00
Rental£10,000.00
Dividends£5,000.00
Savings£0.00
Other£0.00
Total gross income£45,000.00
Personal allowance-£12,570.00
Pension deduction-£0.00
Taxable income£32,430.00

Tax Breakdown

Income tax on earnings£5,486.00
Tax on dividends£393.75
Tax on savings£0.00
Total income tax£5,879.75
Class 2 NI£0.00
Class 4 NI£0.00
Self-assessment bill£5,879.75
Effective rate13.07%
Marginal rate20.00%

National Insurance Breakdown

Employee NI

Employment income£30,000.00
NI-free threshold£12,570
Earnings in 8% band£17,430.00
Employee NI£1,394.40
Monthly NI£116.20

Your employer also pays NI at 15% on your earnings above £5,000. On a £30,000.00 salary, your employer pays £3,750.00 per year in Employer NI. This is a cost of employment not visible on your payslip.

Self-assessment payments

If your tax bill exceeds £1,000, HMRC may require payments on account: 50% of this year's bill due by 31 January and 50% by 31 July of the following year.

Income Mix

Employment66.67%
Rental22.22%
Dividends11.11%

Key figures

Adjusted net income£45,000.00
Personal allowance£12,570

About this calculator

The Income Tax Calculator estimates how much UK income tax you may pay in a tax year. It is useful for checking employment income, self-employment profit, rental income, dividends, or a combination of income sources. The calculator helps separate gross income from taxable income, applies allowances and tax bands, and shows how much may fall into basic, higher, or additional rate bands. Use it before Self Assessment, when planning extra income, or when checking whether a pay rise changes your marginal tax rate.

Methodology

Income tax is calculated by reducing income by available allowances, then applying the relevant tax rates to each slice of taxable income.

  • Taxable income = total income - allowances
  • Income tax = sum of taxable slices x applicable tax rates
  • Marginal rate = tax rate applied to the next pound of taxable income

How the calculator works

  1. Enter each income source for the tax year.
  2. The calculator estimates available allowances and taxable income.
  3. Income is allocated through the tax bands in order.
  4. The result shows estimated tax due and the effective tax rate.
  5. Use the band breakdown to understand where extra income would be taxed.

Worked examples

Employment income

Input: Employment income GBP 40,000

Result: Tax is estimated after the personal allowance and then charged through the basic rate band.

Higher rate taxpayer

Input: Income GBP 70,000

Result: Part of the income may be taxed at the higher rate after lower bands are used.

Multiple income sources

Input: Salary GBP 35,000 plus rental profit GBP 8,000

Result: The calculator combines income sources before applying allowances and bands.

How UK income tax is structured

UK income tax is charged in bands. This means income is split into slices and each slice is taxed at the rate for that band. A higher-rate taxpayer does not pay the higher rate on all income; only the portion above the relevant threshold is taxed at that rate.

The calculator helps show taxable income, estimated tax due, effective tax rate, and marginal tax rate. These figures are useful for pay rises, self-employment planning, rental income, dividends, and pension contribution decisions.

Important income tax concepts

Income tax calculations often become confusing because allowances, bands, and income types interact. These are the key concepts behind the result.

Personal allowance
The personal allowance is the amount of income most people can receive before income tax starts. It can be reduced for higher incomes.
Tax bands
Tax bands apply rates to slices of income. The band your last pound falls into is your marginal rate.
Effective tax rate
The effective rate is total tax divided by total income. It is usually lower than the highest marginal rate because earlier slices are taxed less.
Different income types
Employment income, self-employment profits, dividends, savings interest, and rental profit can have different rules and allowances.

Using income tax estimates for planning

Income tax estimates are helpful for setting aside money for Self Assessment, checking whether a side income is worth it, deciding pension contributions, or understanding how a bonus may be taxed. For final filing, always use HMRC records or professional advice where the situation is complex.

Taxable income calculation

To estimate income tax, start with total income and then identify which parts are taxable. Some income may be covered by allowances, some may have separate rates, and some deductions or reliefs can reduce the taxable amount. The result is then applied through tax bands.

StageWhat happens
Total incomeAdd employment, self-employment, pension, rental, savings, dividends, and other taxable income
Allowances and reliefsApply personal allowance and relevant reliefs where available
Taxable incomeThe income left after allowances and reliefs
Tax bandsApply rates to slices of taxable income
Final liabilityCompare tax due with tax already paid or deducted

Income tax vs National Insurance

Income tax and National Insurance are separate deductions. Income tax applies across many income types, while National Insurance mainly applies to employment and self-employment earnings. This is why two people with the same total income can have different deductions depending on where the income comes from.

Personal allowance tapering

At higher incomes, the personal allowance can be reduced. This creates an effective marginal tax rate that may be higher than the headline tax band. Pension contributions and charitable giving can sometimes affect adjusted net income, but planning should be checked carefully.

Self Assessment and payment planning

If tax is not fully collected through PAYE, Self Assessment may be needed. Self-employed profits, rental income, dividends, capital gains, and high income child benefit charge can all create reporting obligations. Use the calculator to estimate, then keep records and confirm deadlines with HMRC.

Common UK taxable income types

Income tax can apply to more than wages. Different income types can use different allowances, rates, and reporting rules, so a complete estimate should include every relevant source.

Income typeTypical treatment
Employment incomeUsually taxed through PAYE with National Insurance handled through payroll
Self-employment profitReported through Self Assessment with possible Class 2 and Class 4 National Insurance
Rental profitTaxed after allowable expenses and finance cost rules
Savings interestMay use the personal savings allowance or starting rate for savings
DividendsUses dividend allowance and dividend tax rates
Capital gainsUsually calculated separately under CGT rules, not income tax

Reliefs, deductions, and credits in a UK context

UK tax planning often uses reliefs rather than the US-style standard deduction system. Pension contributions, Gift Aid, allowable business expenses, property expenses, and certain work-related deductions can affect taxable income or adjusted net income. Some benefits and charges, such as Child Benefit tax charge, depend on income thresholds rather than only the basic tax bill.

Common mistakes and edge cases

  • Confusing income tax with National Insurance.
  • Forgetting dividend, savings, or rental income.
  • Ignoring personal allowance tapering at higher incomes.
  • Using England and Wales bands when Scottish rates apply.
  • Treating tax deducted through PAYE as the final tax bill in all cases.

Limitations

This calculator provides an estimate only and is not financial or tax advice.

  • It may not cover every relief, allowance, tax code adjustment, or complex Self Assessment situation.
  • Use HMRC guidance or a qualified adviser for final tax filing decisions.

Frequently asked questions

What is taxable income?

Taxable income is income left after allowances and allowable deductions have been applied.

Is National Insurance included?

Income tax and National Insurance are separate. Use a take-home pay calculator for payroll deductions together.

Why is my effective rate lower than my tax band?

Only the slice of income in a band is taxed at that band. Earlier slices may be tax-free or taxed at lower rates.

Do dividends use the same rates?

Dividends have separate rates and allowances, so they need to be treated separately where applicable.

Can this replace Self Assessment?

No. It is a planning estimate and should be checked against official HMRC calculations.

Related calculators

  • Take-Home Pay Calculator
  • Dividend vs Salary Calculator
  • Pension Tax Relief Calculator
  • Capital Gains Tax Calculator

What is self-assessment income tax?

If you have income outside PAYE employment, such as self-employment profit, rental income, dividends, or savings interest, you must declare it through a self-assessment tax return. The deadline for online returns is 31 January following the end of the tax year. Late filing attracts an automatic £100 penalty.

How are dividends taxed?

Dividends are taxed at preferential rates compared to employment income. The first £500 is tax-free. Above that, basic rate taxpayers pay 8.75%, higher rate taxpayers pay 33.75%, and additional rate taxpayers pay 39.35%. Dividends sit on top of all other income for band purposes.

What is Class 4 National Insurance?

Self-employed people pay Class 4 NI at 6% on profits between £12,570 and £50,270, and 2% above £50,270. Class 4 is paid through self-assessment alongside income tax. Class 2 NI is now voluntary for most self-employed people, though paying it can protect entitlement to the state pension and benefits.

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