Boris Johnson Tax Calculator - £39,000.00 Salary Example (£39K 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 £39,000.00 Salary (£39K Salary). The illustration also includes an overview of a current 2019 salary example for £39,000.00 and an salary example for £39,000.00 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
£39,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay28704.8828704.8832204.88
Difference n/a03500
Take Home73.60%73.60%82.58%

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: £39,000.00
  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 £39,000.00 (Current)

£39,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income39,000.003,250.003,000.001,500.00750.00154.1521.43100.00%
Adjusted Gross Income237,050.003,087.502,850.001,425.00712.50146.4420.3695.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8732.05%
Company Pension: Employee1,950.00162.50150.0075.0037.507.711.075.00%
Company Pension: Employer1,170.0097.5090.0045.0022.504.620.643.00%
Taxable Pay24,550.002,045.831,888.46944.23472.1297.0413.4962.95%
Tax Due [PAYE]4,910.00409.17377.69188.8594.4219.412.7012.59%
National Insurance3,435.12286.26264.24132.1266.0613.581.898.81%
Total Pay Deductions10,295.12857.93791.93395.97197.9840.695.6626.40%
Net Pay28,704.882,392.072,208.071,104.03552.02113.4615.7773.60%

Employers NIC Contribution3,950.39329.20303.88151.9475.9715.612.1710.13%
Salary Package [Cost of Employee]44,120.393,676.703,393.881,696.94848.47174.3924.24113.13%

1 Percentage expressed in relation to Gross Income [£37,050.00].

2019 Salary Example for £39,000.00 (Planned by Boris Johnson)

£39,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income39,000.003,250.003,000.001,500.00750.00154.1521.43100.00%
Adjusted Gross Income237,050.003,087.502,850.001,425.00712.50146.4420.3695.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8732.05%
Company Pension: Employee1,950.00162.50150.0075.0037.507.711.075.00%
Company Pension: Employer1,170.0097.5090.0045.0022.504.620.643.00%
Taxable Pay24,550.002,045.831,888.46944.23472.1297.0413.4962.95%
Tax Due [PAYE]4,910.00409.17377.69188.8594.4219.412.7012.59%
National Insurance3,435.12286.26264.24132.1266.0613.581.898.81%
Total Pay Deductions10,295.12857.93791.93395.97197.9840.695.6626.40%
Net Pay28,704.882,392.072,208.071,104.03552.02113.4615.7773.60%

Employers NIC Contribution3,950.39329.20303.88151.9475.9715.612.1710.13%
Salary Package [Cost of Employee]44,120.393,676.703,393.881,696.94848.47174.3924.24113.13%

1 Percentage expressed in relation to Gross Income [£37,050.00].

2019 Salary Example for £39,000.00 (Suggested by iCalculator)

£39,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income39,000.003,250.003,000.001,500.00750.00154.1521.43100.00%
Adjusted Gross Income237,050.003,087.502,850.001,425.00712.50146.4420.3695.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.4876.92%
Company Pension: Employee1,950.00162.50150.0075.0037.507.711.075.00%
Company Pension: Employer1,170.0097.5090.0045.0022.504.620.643.00%
Taxable Pay7,050.00587.50542.31271.15135.5827.873.8718.08%
Tax Due [PAYE]1,410.00117.50108.4654.2327.125.570.773.62%
National Insurance3,435.12286.26264.24132.1266.0613.581.898.81%
Total Pay Deductions6,795.12566.26522.70261.35130.6826.863.7317.42%
Net Pay32,204.882,683.742,477.301,238.65619.32127.2917.6982.58%

Employers NIC Contribution3,950.39329.20303.88151.9475.9715.612.1710.13%
Salary Package [Cost of Employee]44,120.393,676.703,393.881,696.94848.47174.3924.24113.13%

1 Percentage expressed in relation to Gross Income [£37,050.00].

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.