iCalculator UK PAYE Calculator is updated for the 2014 / 2015 tax year. You can calculate your take home pay based of your annual income and include tax deductible elements such as pensions and student loans.
iCalculator also provides historical UK PAYE figures so you can review how much tax you have paid in previous tax years or you can use our take home pay calculator 2014 / 2015 to see home much your take home salary will be this year. See the guide below for specific information on each element that is taken into account when calculating your take home pay including employers national insurance contributions and more.
Enter your Annual Pay, select a job sector [optional] and click calculate. Annual salary calculations made simple.
Use the simple annual tax calculator or switch to the advanced annual tax calculator to review employers national insurance payments, income tax deductions and PAYE tax commitments for 2014.
PAYE and Tax calculations can seem complex, the following are taken into consideration when calculating your salary and take home pay:
Gross Salary | Tax Free Allowance | Taxable Pay | Tax Due | Your National Insurance | Employer National Insurance | Your Pension Contributions | HMRC Pension Contributions | Net Pay
Top Tip: Did you know you can legally reduce your National Insurance bill and increase your take home pay? Read more about Salary Sacrifice