Income tax calculator United Kingdom

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary £64,000

Income Tax - £13,028

National Insurance Contribution - £5,441

Total tax - £18,470

Net pay * £45,530

Marginal tax rate 43.3%

Average tax rate 28.9%

28.9%Total tax

71.1%

Net pay

The Taxberg

£45,530

Net pay

£9,632

Tax the employer pays

£18,470

Tax you pay

Total tax paid

£28,102

Did you know your employer also pays tax on your salary? It costs the employer £9,632 to pay you £64,000. In other words, every time you spend £10 of your hard-earned money, £4.39 goes to the government.

Real tax rate

38.2%

So, with you and the employer both paying tax, what used to be a 28.9% tax rate now rises to 38.2%, meaning your real tax rate is actually 9.3% higher than what it seemed at first.

Summary

If you make £64,000 a year living in United Kingdom, you will be taxed £18,470. That means that your net pay will be £45,530 per year, or £3,794 per month. Your average tax rate is 28.9% and your marginal tax rate is 43.3%. 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 £43.3, hence, your net pay will only increase by £56.7.

Bonus Example

A £1,000 bonus will generate an extra £567 of net incomes. A £5,000 bonus will generate an extra £2,835 of net incomes.

Tax per income

£64,500£65,000£65,500£66,000£66,500£67,000£67,500£68,000£68,500£69,000£69,500£70,000£70,500£71,000£71,500£72,000£72,500£73,000£73,500£74,000

NOTE* Withholding is calculated based on the Great Britain tables of GB, 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.