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Income tax calculator United Kingdom

Find out how much your salary is after tax

Salary rate
Withholding
Salary £72,020
Income Tax - £16,236
National Insurance Contribution - £5,702
Total tax - £21,939
Net pay * £50,081
Marginal tax rate 43.3%
Average tax rate 30.5%
30.5%Total tax
69.5%
Net pay
The Taxberg
cloud
cloud
£50,081
Net pay
£10,839
Tax the employer pays
£21,939
Tax you pay
Country flagIceberg
Icepiece
Total tax paid
£32,778
Did you know your employer also pays tax on your salary? It costs the employer £10,839 to pay you £72,020. In other words, every time you spend £10 of your hard-earned money, £4.55 goes to the government.
Real tax rate
39.6%
So, with you and the employer both paying tax, what used to be a 30.5% tax rate now rises to 39.6%, meaning your real tax rate is actually 9.1% higher than what it seemed at first.
Summary

Si vous gagnez un salaire brut de £72,020 par an en United Kingdom, vous serez imposé de £21,939. Cela signifie que votre salaire net sera de £50,081 par an, ou £4,173 par mois. Votre taux d'imposition moyen est 30.5% et votre taux d'imposition marginal est 43.3%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de £100 à votre salaire sera imposé de £43.3, par conséquent, votre salaire net augmentera seulement de £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.

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.