Boris Johnson Tax Calculator - £18,000.00 Salary Example (£18K 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 £18,000.00 Salary (£18K Salary). The illustration also includes an overview of a current 2019 salary example for £18,000.00 and an salary example for £18,000.00 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
£18,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay15163.8415138.8816058.88
Difference n/a-24.959999999999895.04
Take Home84.24%84.10%89.22%

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: £18,000.00
  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 £18,000.00 (Current)

£18,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income18,000.001,500.001,384.62692.31346.1571.159.89100.00%
Adjusted Gross Income217,100.001,425.001,315.38657.69328.8567.599.4095.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8769.44%
Company Pension: Employee900.0075.0069.2334.6217.313.560.495.00%
Company Pension: Employer540.0045.0041.5420.7710.382.130.303.00%
Taxable Pay4,600.00383.33353.85176.9288.4618.182.5325.56%
Tax Due [PAYE]920.0076.6770.7735.3817.693.640.515.11%
National Insurance1,016.1684.6878.1739.0819.544.020.565.65%
Total Pay Deductions2,836.16236.35218.17109.0854.5411.211.5615.76%
Net Pay15,163.841,263.651,166.45583.22291.6159.948.3384.24%

Employers NIC Contribution1,168.5897.3889.8944.9522.474.620.646.49%
Salary Package [Cost of Employee]19,708.581,642.381,516.04758.02379.0177.9010.83109.49%

1 Percentage expressed in relation to Gross Income [£17,100.00].

[ No Votes ]

2019 Salary Example for £18,000.00 (Planned by Boris Johnson)

£18,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income18,000.001,500.001,384.62692.31346.1571.159.89100.00%
Adjusted Gross Income217,100.001,425.001,315.38657.69328.8567.599.4095.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8769.44%
Company Pension: Employee900.0075.0069.2334.6217.313.560.495.00%
Company Pension: Employer540.0045.0041.5420.7710.382.130.303.00%
Taxable Pay4,600.00383.33353.85176.9288.4618.182.5325.56%
Tax Due [PAYE]920.0076.6770.7735.3817.693.640.515.11%
National Insurance1,041.1286.7680.0940.0420.024.120.575.78%
Total Pay Deductions2,861.12238.43220.09110.0455.0211.311.5715.90%
Net Pay15,138.881,261.571,164.53582.26291.1359.848.3284.10%

Employers NIC Contribution1,197.2999.7792.1046.0523.024.730.666.65%
Salary Package [Cost of Employee]19,737.291,644.771,518.25759.13379.5678.0110.84109.65%

1 Percentage expressed in relation to Gross Income [£17,100.00].

2019 Salary Example for £18,000.00 (Suggested by iCalculator)

£18,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income18,000.001,500.001,384.62692.31346.1571.159.89100.00%
Adjusted Gross Income217,100.001,425.001,315.38657.69328.8567.599.4095.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.48166.67%
Company Pension: Employee900.0075.0069.2334.6217.313.560.495.00%
Company Pension: Employer540.0045.0041.5420.7710.382.130.303.00%
National Insurance1,041.1286.7680.0940.0420.024.120.575.78%
Total Pay Deductions1,941.12161.76149.3274.6637.337.671.0710.78%
Net Pay16,058.881,338.241,235.30617.65308.8263.478.8289.22%

Employers NIC Contribution1,197.2999.7792.1046.0523.024.730.666.65%
Salary Package [Cost of Employee]19,737.291,644.771,518.25759.13379.5678.0110.84109.65%

1 Percentage expressed in relation to Gross Income [£17,100.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

Join the Discussion on Facebook, share your thoughts and feelings on Boris' plan.