UK PAYE Income Calculator Updated for 2012/2013
iCalculator UK PAYE Calculator is updated for the 2012- 2012 tax year. You can calculate your take home pay based of your annual income and include tax deductable 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.
See the guide below for specific information on each element that is taken into account when calculating your take home pay.
Married Couples Tax Allowance is a legacy tax allowance. In order to qualify for Married Couple's Tax Allowance at least one spouse must have been born before 6 April 1935.
The ruling on Married Couple's Tax Allowance changed on 5th December 2005, at which times rules which changed to allow for civil partnerships and for either member to claim for the allowance, before this time only the husband could claim.
Actual amounts of Married Couple's Tax Allowance vary depending on what you earn but typically equate to a 10% reduction on the amount paid to HMRC.