Boris Johnson Tax Calculator - £28,000.00 Salary Example (£28K 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 £28,000.00 Salary (£28K Salary). The illustration also includes an overview of a current 2019 salary example for £28,000.00 and an salary example for £28,000.00 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
£28,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay21623.8421598.8824418.88
Difference n/a-24.9599999999992795.04
Take Home77.23%77.14%87.21%

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: £28,000.00
  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 £28,000.00 (Current)

£28,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income28,000.002,333.332,153.851,076.92538.46110.6715.38100.00%
Adjusted Gross Income226,600.002,216.672,046.151,023.08511.54105.1414.6295.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8744.64%
Company Pension: Employee1,400.00116.67107.6953.8526.925.530.775.00%
Company Pension: Employer840.0070.0064.6232.3116.153.320.463.00%
Taxable Pay14,100.001,175.001,084.62542.31271.1555.737.7550.36%
Tax Due [PAYE]2,820.00235.00216.92108.4654.2311.151.5510.07%
National Insurance2,156.16179.68165.8682.9341.468.521.187.70%
Total Pay Deductions6,376.16531.35490.47245.24122.6225.203.5022.77%
Net Pay21,623.841,801.991,663.37831.69415.8485.4711.8877.23%

Employers NIC Contribution2,479.58206.63190.7495.3747.689.801.368.86%
Salary Package [Cost of Employee]31,319.582,609.972,409.201,204.60602.30123.7917.21111.86%

1 Percentage expressed in relation to Gross Income [£26,600.00].

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2019 Salary Example for £28,000.00 (Planned by Boris Johnson)

£28,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income28,000.002,333.332,153.851,076.92538.46110.6715.38100.00%
Adjusted Gross Income226,600.002,216.672,046.151,023.08511.54105.1414.6295.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8744.64%
Company Pension: Employee1,400.00116.67107.6953.8526.925.530.775.00%
Company Pension: Employer840.0070.0064.6232.3116.153.320.463.00%
Taxable Pay14,100.001,175.001,084.62542.31271.1555.737.7550.36%
Tax Due [PAYE]2,820.00235.00216.92108.4654.2311.151.5510.07%
National Insurance2,181.12181.76167.7883.8941.948.621.207.79%
Total Pay Deductions6,401.12533.43492.39246.20123.1025.303.5222.86%
Net Pay21,598.881,799.911,661.45830.73415.3685.3711.8777.14%

Employers NIC Contribution2,508.29209.02192.9596.4748.249.911.388.96%
Salary Package [Cost of Employee]31,348.292,612.362,411.411,205.70602.85123.9117.22111.96%

1 Percentage expressed in relation to Gross Income [£26,600.00].

2019 Salary Example for £28,000.00 (Suggested by iCalculator)

£28,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income28,000.002,333.332,153.851,076.92538.46110.6715.38100.00%
Adjusted Gross Income226,600.002,216.672,046.151,023.08511.54105.1414.6295.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.48107.14%
Company Pension: Employee1,400.00116.67107.6953.8526.925.530.775.00%
Company Pension: Employer840.0070.0064.6232.3116.153.320.463.00%
National Insurance2,181.12181.76167.7883.8941.948.621.207.79%
Total Pay Deductions3,581.12298.43275.47137.7468.8714.151.9712.79%
Net Pay24,418.882,034.911,878.38939.19469.5996.5213.4287.21%

Employers NIC Contribution2,508.29209.02192.9596.4748.249.911.388.96%
Salary Package [Cost of Employee]31,348.292,612.362,411.411,205.70602.85123.9117.22111.96%

1 Percentage expressed in relation to Gross Income [£26,600.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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