Boris Johnson Tax Calculator - £100,000.00 Salary Example (£100K Salary)

This Salary and Tax Calculator is provided to illustrate how Boris Johnsons planned changes to the higher Rate Income Tax Threshold will affect a £100,000.00 Salary (£100K Salary). The illustration also includes an overview of a current 2019 salary example for £100,000.00 and an salary example for £100,000.00 if the personal allowance were to be increase to £30k (a solution which would affect all tax ayers, not just those who earner over £50k.

Boris Johnson tax Calculator
£100,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay63633.4469972.4867472.48
Difference n/a6339.043839.04
Take Home63.63%69.97%67.47%

You can see a detailed salary overview for each of these calculations below.

About the Boris Johnson Salary Examples

In order to provide a like-for-like salary comparison against our three tax scenarios, we have used the following defaults:

  1. Annual Salary before tax: £100,000.00
  2. The individual is part of a company pension scheme
    1. An Employer Pension Contribution of 5% has been applied
    2. An Employee Pension Contribution of 3% has been applied
  3. A standard tax code has been used
  4. Salary is calculated over a full tax year
  5. There are no salary sacrifice options included
  6. There are no special National Insurance Contibutions rules /exemptions (Employer or Employee)

2019 Salary Example for £100,000.00 (Current)

£100,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income100,000.008,333.337,692.313,846.151,923.08395.2654.95100.00%
Adjusted Gross Income295,000.007,916.677,307.693,653.851,826.92375.4952.2095.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8712.50%
Company Pension: Employee5,000.00416.67384.62192.3196.1519.762.755.00%
Company Pension: Employer3,000.00250.00230.77115.3857.6911.861.653.00%
Taxable Pay82,500.006,875.006,346.153,173.081,586.54326.0945.3382.50%
Tax Due [PAYE]25,500.002,125.001,961.54980.77490.38100.7914.0125.50%
National Insurance5,866.56488.88451.27225.64112.8223.193.225.87%
Total Pay Deductions36,366.563,030.552,797.431,398.71699.36143.7419.9836.37%
Net Pay63,633.445,302.794,894.882,447.441,223.72251.5234.9663.63%

Employers NIC Contribution11,918.78993.23916.83458.41229.2147.116.5511.92%
Salary Package [Cost of Employee]114,918.789,576.578,839.914,419.952,209.98454.2263.14114.92%

1 Percentage expressed in relation to Gross Income [£95,000.00].

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2019 Salary Example for £100,000.00 (Planned by Boris Johnson)

£100,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income100,000.008,333.337,692.313,846.151,923.08395.2654.95100.00%
Adjusted Gross Income295,000.007,916.677,307.693,653.851,826.92375.4952.2095.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8712.50%
Company Pension: Employee5,000.00416.67384.62192.3196.1519.762.755.00%
Company Pension: Employer3,000.00250.00230.77115.3857.6911.861.653.00%
Taxable Pay82,500.006,875.006,346.153,173.081,586.54326.0945.3382.50%
Tax Due [PAYE]19,500.001,625.001,500.00750.00375.0077.0810.7119.50%
National Insurance5,527.52460.63425.19212.60106.3021.853.045.53%
Total Pay Deductions30,027.522,502.292,309.811,154.90577.45118.6916.5030.03%
Net Pay69,972.485,831.045,382.502,691.251,345.62276.5738.4569.97%

Employers NIC Contribution11,947.49995.62919.04459.52229.7647.226.5611.95%
Salary Package [Cost of Employee]114,947.499,578.968,842.114,421.062,210.53454.3463.16114.95%

1 Percentage expressed in relation to Gross Income [£95,000.00].

2019 Salary Example for £100,000.00 (Suggested by iCalculator)

£100,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income100,000.008,333.337,692.313,846.151,923.08395.2654.95100.00%
Adjusted Gross Income295,000.007,916.677,307.693,653.851,826.92375.4952.2095.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.4830.00%
Company Pension: Employee5,000.00416.67384.62192.3196.1519.762.755.00%
Company Pension: Employer3,000.00250.00230.77115.3857.6911.861.653.00%
Taxable Pay65,000.005,416.675,000.002,500.001,250.00256.9235.7165.00%
Tax Due [PAYE]22,000.001,833.331,692.31846.15423.0886.9612.0922.00%
National Insurance5,527.52460.63425.19212.60106.3021.853.045.53%
Total Pay Deductions32,527.522,710.632,502.121,251.06625.53128.5717.8732.53%
Net Pay67,472.485,622.715,190.192,595.101,297.55266.6937.0767.47%

Employers NIC Contribution11,947.49995.62919.04459.52229.7647.226.5611.95%
Salary Package [Cost of Employee]114,947.499,578.968,842.114,421.062,210.53454.3463.16114.95%

1 Percentage expressed in relation to Gross Income [£95,000.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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