iCalculator UK PAYE Calculator is updated for the 2013 / 2014 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 2013 / 2014 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.
Tax Payable - How much do I owe?
Tax Payable is the amount of Tax which you must pay based on your Gross Pay and Personal Tax Allowances.
Tax Payable is normally deducted directly from your wages by your employer and is based on an average calculated from your annual Gross Pay. If you pay too much Tax in a Tax Year, you will be entitled to a Tax Rebate.
Income, Tax Allowances and your Pay - Further Reading.
- What is Gross Pay?
- What is my Tax Free Allowance
- What is my Taxable Pay?
- How much Tax do I have to pay?
- What are National Insurance Contributions (NIC's)
- How much do I have to repay on my Student Loan?
- What are Pension Contributions and how do they reduce my National Insurance Contributions?
- Does HMRC pay towards my Pension?
- What are all those deductions in my Pay?
- What is Net Pay?
- What is Employers NIC?
- Blind Person's Allowance
- Married Couple's Allowance - available to civil partners
- Giving to Charity, how does it benefit me?
- How long is a Tax Year?
- How do I get a Tax Rebate?
- What is the State Pension?
- What are State Benefits?