UK PAYE Income Calculator 2012/2013

iCalculator UK PAYE Calculator is updated for the 2012 - 2013 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.

What is Net Pay?

Net Pay is the amount you actually recieve into your bank account after all necessary deductions have been made.

Net Pay is the figure after National Insurance and Pay As You Earn Taxes et al have been deducted from your Gross Pay.

You can calculate your Net Pay here.

Income, Tax Allowances and your Pay - Further Reading.

Gross Pay

What is your Gross Pay? Calculate your Gross Pay from hourly, weekly, 4 weekly, monthly etc pay.

http://www.icalculator.info/terminology/gross_pay.html

Tax Free Allowance

What is your Tax free allowance? Has your tax free allowance increased from 2011/2012. Full breakdown.

http://www.icalculator.info/terminology/tax_free_allowance.html

Taxable Pay

What is your taxable pay? Are you making the most of your tax deductions? Could you be saving on Tax?

http://www.icalculator.info/terminology/taxable_pay.html

Tax Payable

How Much Tax are your paying? Are you paying too much tax on your income? What is tax deductable?

http://www.icalculator.info/terminology/tax_payable.html

National Insurance (NIC's)

How much of your pay goes on National Insurance? Are your better off than 2011/2012

http://www.icalculator.info/terminology/national_ins...ions.html

Student Loans

How much does your student loan cost you? Student loan metrics and salary recovery breakdown.

http://www.icalculator.info/terminology/student_loan.html

Pension Contributions

Did you know that your pension contributions are tax deductable? Pension contribution illustrations.

http://www.icalculator.info/terminology/pension_contri...s.html

HMRC Pension Contributions

HMRC contribute up to 20% of your Pension contribution - what does this mean for your pension?

http://www.icalculator.info/terminology/hmrc_pension_c...s.html

Pay Deductions

Full breakdown of Pay deductions and what they mean to your salary.

http://www.icalculator.info/terminology/pay_deductions.html

Net Pay

What is Net Pay and how is it calculated? Could you increase your Net Pay?

http://www.icalculator.info/terminology/net_pay.html

Employers NIC

What are Employers National Insurance Contributions and how are they calculated?

http://www.icalculator.info/terminology/employers_nat...s.html

Contact

Contact iCalculator with your feature requests, enquiries and to provide general feedback.

http://www.icalculator.info/contact.html