Boris Johnson Tax Calculator - £17,000.00 Salary Example (£17K 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 £17,000.00 Salary (£17K Salary). The illustration also includes an overview of a current 2019 salary example for £17,000.00 and an salary example for £17,000.00 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
£17,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay14492.8814492.8815222.88
Difference n/a0730
Take Home85.25%85.25%89.55%

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: £17,000.00
  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 £17,000.00 (Current)

£17,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income17,000.001,416.671,307.69653.85326.9267.199.34100.00%
Adjusted Gross Income216,150.001,345.831,242.31621.15310.5863.838.8795.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8773.53%
Company Pension: Employee850.0070.8365.3832.6916.353.360.475.00%
Company Pension: Employer510.0042.5039.2319.629.812.020.283.00%
Taxable Pay3,650.00304.17280.77140.3870.1914.432.0121.47%
Tax Due [PAYE]730.0060.8356.1528.0814.042.890.404.29%
National Insurance927.1277.2671.3235.6617.833.660.515.45%
Total Pay Deductions2,507.12208.93192.8696.4348.219.911.3814.75%
Net Pay14,492.881,207.741,114.84557.42278.7157.287.9685.25%

Employers NIC Contribution1,066.1988.8582.0141.0120.504.210.596.27%
Salary Package [Cost of Employee]18,576.191,548.021,428.94714.47357.2373.4210.21109.27%

1 Percentage expressed in relation to Gross Income [£16,150.00].

2019 Salary Example for £17,000.00 (Planned by Boris Johnson)

£17,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income17,000.001,416.671,307.69653.85326.9267.199.34100.00%
Adjusted Gross Income216,150.001,345.831,242.31621.15310.5863.838.8795.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8773.53%
Company Pension: Employee850.0070.8365.3832.6916.353.360.475.00%
Company Pension: Employer510.0042.5039.2319.629.812.020.283.00%
Taxable Pay3,650.00304.17280.77140.3870.1914.432.0121.47%
Tax Due [PAYE]730.0060.8356.1528.0814.042.890.404.29%
National Insurance927.1277.2671.3235.6617.833.660.515.45%
Total Pay Deductions2,507.12208.93192.8696.4348.219.911.3814.75%
Net Pay14,492.881,207.741,114.84557.42278.7157.287.9685.25%

Employers NIC Contribution1,066.1988.8582.0141.0120.504.210.596.27%
Salary Package [Cost of Employee]18,576.191,548.021,428.94714.47357.2373.4210.21109.27%

1 Percentage expressed in relation to Gross Income [£16,150.00].

2019 Salary Example for £17,000.00 (Suggested by iCalculator)

£17,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income17,000.001,416.671,307.69653.85326.9267.199.34100.00%
Adjusted Gross Income216,150.001,345.831,242.31621.15310.5863.838.8795.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.48176.47%
Company Pension: Employee850.0070.8365.3832.6916.353.360.475.00%
Company Pension: Employer510.0042.5039.2319.629.812.020.283.00%
National Insurance927.1277.2671.3235.6617.833.660.515.45%
Total Pay Deductions1,777.12148.09136.7068.3534.187.020.9810.45%
Net Pay15,222.881,268.571,170.99585.50292.7560.178.3689.55%

Employers NIC Contribution1,066.1988.8582.0141.0120.504.210.596.27%
Salary Package [Cost of Employee]18,576.191,548.021,428.94714.47357.2373.4210.21109.27%

1 Percentage expressed in relation to Gross Income [£16,150.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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