Boris Johnson Tax Calculator - £30,000.00 Salary Example (£30K 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 £30,000.00 Salary (£30K Salary). The illustration also includes an overview of a current 2019 salary example for £30,000.00 and an salary example for £30,000.00 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
£30,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay22890.8822890.8826090.88
Difference n/a03200
Take Home76.30%76.30%86.97%

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: £30,000.00
  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 £30,000.00 (Current)

£30,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income30,000.002,500.002,307.691,153.85576.92118.5816.48100.00%
Adjusted Gross Income228,500.002,375.002,192.311,096.15548.08112.6515.6695.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8741.67%
Company Pension: Employee1,500.00125.00115.3857.6928.855.930.825.00%
Company Pension: Employer900.0075.0069.2334.6217.313.560.493.00%
Taxable Pay16,000.001,333.331,230.77615.38307.6963.248.7953.33%
Tax Due [PAYE]3,200.00266.67246.15123.0861.5412.651.7610.67%
National Insurance2,409.12200.76185.3292.6646.339.521.328.03%
Total Pay Deductions7,109.12592.43546.86273.43136.7128.103.9123.70%
Net Pay22,890.881,907.571,760.84880.42440.2190.4812.5876.30%

Employers NIC Contribution2,770.49230.87213.11106.5653.2810.951.529.23%
Salary Package [Cost of Employee]33,670.492,805.872,590.041,295.02647.51133.0818.50112.23%

1 Percentage expressed in relation to Gross Income [£28,500.00].

2019 Salary Example for £30,000.00 (Planned by Boris Johnson)

£30,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income30,000.002,500.002,307.691,153.85576.92118.5816.48100.00%
Adjusted Gross Income228,500.002,375.002,192.311,096.15548.08112.6515.6695.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8741.67%
Company Pension: Employee1,500.00125.00115.3857.6928.855.930.825.00%
Company Pension: Employer900.0075.0069.2334.6217.313.560.493.00%
Taxable Pay16,000.001,333.331,230.77615.38307.6963.248.7953.33%
Tax Due [PAYE]3,200.00266.67246.15123.0861.5412.651.7610.67%
National Insurance2,409.12200.76185.3292.6646.339.521.328.03%
Total Pay Deductions7,109.12592.43546.86273.43136.7128.103.9123.70%
Net Pay22,890.881,907.571,760.84880.42440.2190.4812.5876.30%

Employers NIC Contribution2,770.49230.87213.11106.5653.2810.951.529.23%
Salary Package [Cost of Employee]33,670.492,805.872,590.041,295.02647.51133.0818.50112.23%

1 Percentage expressed in relation to Gross Income [£28,500.00].

2019 Salary Example for £30,000.00 (Suggested by iCalculator)

£30,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income30,000.002,500.002,307.691,153.85576.92118.5816.48100.00%
Adjusted Gross Income228,500.002,375.002,192.311,096.15548.08112.6515.6695.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.48100.00%
Company Pension: Employee1,500.00125.00115.3857.6928.855.930.825.00%
Company Pension: Employer900.0075.0069.2334.6217.313.560.493.00%
National Insurance2,409.12200.76185.3292.6646.339.521.328.03%
Total Pay Deductions3,909.12325.76300.70150.3575.1815.452.1513.03%
Net Pay26,090.882,174.242,006.991,003.50501.75103.1314.3486.97%

Employers NIC Contribution2,770.49230.87213.11106.5653.2810.951.529.23%
Salary Package [Cost of Employee]33,670.492,805.872,590.041,295.02647.51133.0818.50112.23%

1 Percentage expressed in relation to Gross Income [£28,500.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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