Boris Johnson Tax Calculator - £25,000.00 Salary Example (£25K 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 £25,000.00 Salary (£25K Salary). The illustration also includes an overview of a current 2019 salary example for £25,000.00 and an salary example for £25,000.00 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
£25,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay19685.8419660.8821910.88
Difference n/a-24.9599999999992225.04
Take Home78.74%78.64%87.64%

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: £25,000.00
  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 £25,000.00 (Current)

£25,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income25,000.002,083.331,923.08961.54480.7798.8113.74100.00%
Adjusted Gross Income223,750.001,979.171,826.92913.46456.7393.8713.0595.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8750.00%
Company Pension: Employee1,250.00104.1796.1548.0824.044.940.695.00%
Company Pension: Employer750.0062.5057.6928.8514.422.960.413.00%
Taxable Pay11,250.00937.50865.38432.69216.3544.476.1845.00%
Tax Due [PAYE]2,250.00187.50173.0886.5443.278.891.249.00%
National Insurance1,814.16151.18139.5569.7834.897.171.007.26%
Total Pay Deductions5,314.16442.85408.78204.39102.2021.002.9221.26%
Net Pay19,685.841,640.491,514.30757.15378.5777.8110.8278.74%

Employers NIC Contribution2,086.28173.86160.4880.2440.128.251.158.35%
Salary Package [Cost of Employee]27,836.282,319.692,141.251,070.63535.31110.0215.29111.35%

1 Percentage expressed in relation to Gross Income [£23,750.00].

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2019 Salary Example for £25,000.00 (Planned by Boris Johnson)

£25,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income25,000.002,083.331,923.08961.54480.7798.8113.74100.00%
Adjusted Gross Income223,750.001,979.171,826.92913.46456.7393.8713.0595.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8750.00%
Company Pension: Employee1,250.00104.1796.1548.0824.044.940.695.00%
Company Pension: Employer750.0062.5057.6928.8514.422.960.413.00%
Taxable Pay11,250.00937.50865.38432.69216.3544.476.1845.00%
Tax Due [PAYE]2,250.00187.50173.0886.5443.278.891.249.00%
National Insurance1,839.12153.26141.4770.7435.377.271.017.36%
Total Pay Deductions5,339.12444.93410.70205.35102.6821.102.9321.36%
Net Pay19,660.881,638.411,512.38756.19378.0977.7110.8078.64%

Employers NIC Contribution2,114.99176.25162.6981.3540.678.361.168.46%
Salary Package [Cost of Employee]27,864.992,322.082,143.461,071.73535.87110.1415.31111.46%

1 Percentage expressed in relation to Gross Income [£23,750.00].

2019 Salary Example for £25,000.00 (Suggested by iCalculator)

£25,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income25,000.002,083.331,923.08961.54480.7798.8113.74100.00%
Adjusted Gross Income223,750.001,979.171,826.92913.46456.7393.8713.0595.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.48120.00%
Company Pension: Employee1,250.00104.1796.1548.0824.044.940.695.00%
Company Pension: Employer750.0062.5057.6928.8514.422.960.413.00%
National Insurance1,839.12153.26141.4770.7435.377.271.017.36%
Total Pay Deductions3,089.12257.43237.62118.8159.4112.211.7012.36%
Net Pay21,910.881,825.911,685.45842.73421.3686.6012.0487.64%

Employers NIC Contribution2,114.99176.25162.6981.3540.678.361.168.46%
Salary Package [Cost of Employee]27,864.992,322.082,143.461,071.73535.87110.1415.31111.46%

1 Percentage expressed in relation to Gross Income [£23,750.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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