Income tax calculator United Kingdom
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
£18,001
Income Tax
- £1,084
NIC (National Insurance Contribution)
- £720
Total tax
- £1,804
Net pay
*
£16,197
Marginal tax rate
33.3%
Average tax rate
10.0%
90.0%
Net pay
10.0%
Total tax
Total tax
Net pay
The Taxberg
£16,197
Net pay
£2,709
Tax the employer pays
£1,804
Tax you pay
Total tax paid
£4,513
Did you know your employer also pays tax on your salary? It costs the employer £2,709 to pay you £18,001. In other words, every time you spend £10 of your hard-earned money, £2.51 goes to the government.
Real tax rate
21.8%
So, with you and the employer both paying tax, what used to be a 10% tax rate now rises to 21.8%, meaning your real tax rate is actually 11.8% higher than what it seemed at first.
Summary
If you make £18,001 a year living in United Kingdom, you will be taxed £1,804. That means that your net pay will be £16,197 per year, or £1,350 per month. Your average tax rate is 10.0% and your marginal tax rate is 33.3%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of £100 in your salary will be taxed £33.25, hence, your net pay will only increase by £66.75.
Bonus Example
A £1,000 bonus will generate an extra £668 of net incomes. A £5,000 bonus will generate an extra £3,338 of net incomes.
NOTE* Withholding is calculated based on the tables of United Kingdom, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.