Boris Johnson Tax Calculator - £14,000.00 Salary Example (£14K 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 £14,000.00 Salary (£14K Salary). The illustration also includes an overview of a current 2019 salary example for £14,000.00 and an salary example for £14,000.00 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
£14,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay12554.8812554.8812714.88
Difference n/a0160
Take Home89.68%89.68%90.82%

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: £14,000.00
  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 £14,000.00 (Current)

£14,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income14,000.001,166.671,076.92538.46269.2355.347.69100.00%
Adjusted Gross Income213,300.001,108.331,023.08511.54255.7752.577.3195.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8789.29%
Company Pension: Employee700.0058.3353.8526.9213.462.770.385.00%
Company Pension: Employer420.0035.0032.3116.158.081.660.233.00%
Taxable Pay800.0066.6761.5430.7715.383.160.445.71%
Tax Due [PAYE]160.0013.3312.316.153.080.630.091.14%
National Insurance585.1248.7645.0122.5011.252.310.324.18%
Total Pay Deductions1,445.12120.43111.1655.5827.795.710.7910.32%
Net Pay12,554.881,046.24965.76482.88241.4449.626.9089.68%

Employers NIC Contribution672.8956.0751.7625.8812.942.660.374.81%
Salary Package [Cost of Employee]15,092.891,257.741,160.99580.50290.2559.668.29107.81%

1 Percentage expressed in relation to Gross Income [£13,300.00].

2019 Salary Example for £14,000.00 (Planned by Boris Johnson)

£14,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income14,000.001,166.671,076.92538.46269.2355.347.69100.00%
Adjusted Gross Income213,300.001,108.331,023.08511.54255.7752.577.3195.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8789.29%
Company Pension: Employee700.0058.3353.8526.9213.462.770.385.00%
Company Pension: Employer420.0035.0032.3116.158.081.660.233.00%
Taxable Pay800.0066.6761.5430.7715.383.160.445.71%
Tax Due [PAYE]160.0013.3312.316.153.080.630.091.14%
National Insurance585.1248.7645.0122.5011.252.310.324.18%
Total Pay Deductions1,445.12120.43111.1655.5827.795.710.7910.32%
Net Pay12,554.881,046.24965.76482.88241.4449.626.9089.68%

Employers NIC Contribution672.8956.0751.7625.8812.942.660.374.81%
Salary Package [Cost of Employee]15,092.891,257.741,160.99580.50290.2559.668.29107.81%

1 Percentage expressed in relation to Gross Income [£13,300.00].

2019 Salary Example for £14,000.00 (Suggested by iCalculator)

£14,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income14,000.001,166.671,076.92538.46269.2355.347.69100.00%
Adjusted Gross Income213,300.001,108.331,023.08511.54255.7752.577.3195.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.48214.29%
Company Pension: Employee700.0058.3353.8526.9213.462.770.385.00%
Company Pension: Employer420.0035.0032.3116.158.081.660.233.00%
National Insurance585.1248.7645.0122.5011.252.310.324.18%
Total Pay Deductions1,285.12107.0998.8649.4324.715.080.719.18%
Net Pay12,714.881,059.57978.07489.03244.5250.266.9990.82%

Employers NIC Contribution672.8956.0751.7625.8812.942.660.374.81%
Salary Package [Cost of Employee]15,092.891,257.741,160.99580.50290.2559.668.29107.81%

1 Percentage expressed in relation to Gross Income [£13,300.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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