Boris Johnson Tax Calculator - £44,000.00 Salary Example (£44K 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 £44,000.00 Salary (£44K Salary). The illustration also includes an overview of a current 2019 salary example for £44,000.00 and an salary example for £44,000.00 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
£44,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay31959.8431934.8835434.88
Difference n/a-24.9599999999993475.04
Take Home72.64%72.58%80.53%

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: £44,000.00
  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 £44,000.00 (Current)

£44,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income44,000.003,666.673,384.621,692.31846.15173.9124.18100.00%
Adjusted Gross Income241,800.003,483.333,215.381,607.69803.85165.2222.9795.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8728.41%
Company Pension: Employee2,200.00183.33169.2384.6242.318.701.215.00%
Company Pension: Employer1,320.00110.00101.5450.7725.385.220.733.00%
Taxable Pay29,300.002,441.672,253.851,126.92563.46115.8116.1066.59%
Tax Due [PAYE]5,860.00488.33450.77225.38112.6923.163.2213.32%
National Insurance3,980.16331.68306.17153.0876.5415.732.199.05%
Total Pay Deductions12,040.161,003.35926.17463.08231.5447.596.6227.36%
Net Pay31,959.842,663.322,458.451,229.22614.61126.3217.5672.64%

Employers NIC Contribution4,577.18381.43352.09176.0588.0218.092.5110.40%
Salary Package [Cost of Employee]49,897.184,158.103,838.241,919.12959.56197.2227.42113.40%

1 Percentage expressed in relation to Gross Income [£41,800.00].

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2019 Salary Example for £44,000.00 (Planned by Boris Johnson)

£44,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income44,000.003,666.673,384.621,692.31846.15173.9124.18100.00%
Adjusted Gross Income241,800.003,483.333,215.381,607.69803.85165.2222.9795.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8728.41%
Company Pension: Employee2,200.00183.33169.2384.6242.318.701.215.00%
Company Pension: Employer1,320.00110.00101.5450.7725.385.220.733.00%
Taxable Pay29,300.002,441.672,253.851,126.92563.46115.8116.1066.59%
Tax Due [PAYE]5,860.00488.33450.77225.38112.6923.163.2213.32%
National Insurance4,005.12333.76308.09154.0477.0215.832.209.10%
Total Pay Deductions12,065.121,005.43928.09464.04232.0247.696.6327.42%
Net Pay31,934.882,661.242,456.531,228.26614.13126.2217.5572.58%

Employers NIC Contribution4,605.89383.82354.30177.1588.5718.212.5310.47%
Salary Package [Cost of Employee]49,925.894,160.493,840.451,920.23960.11197.3427.43113.47%

1 Percentage expressed in relation to Gross Income [£41,800.00].

2019 Salary Example for £44,000.00 (Suggested by iCalculator)

£44,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income44,000.003,666.673,384.621,692.31846.15173.9124.18100.00%
Adjusted Gross Income241,800.003,483.333,215.381,607.69803.85165.2222.9795.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.4868.18%
Company Pension: Employee2,200.00183.33169.2384.6242.318.701.215.00%
Company Pension: Employer1,320.00110.00101.5450.7725.385.220.733.00%
Taxable Pay11,800.00983.33907.69453.85226.9246.646.4826.82%
Tax Due [PAYE]2,360.00196.67181.5490.7745.389.331.305.36%
National Insurance4,005.12333.76308.09154.0477.0215.832.209.10%
Total Pay Deductions8,565.12713.76658.86329.43164.7133.854.7119.47%
Net Pay35,434.882,952.912,725.761,362.88681.44140.0619.4780.53%

Employers NIC Contribution4,605.89383.82354.30177.1588.5718.212.5310.47%
Salary Package [Cost of Employee]49,925.894,160.493,840.451,920.23960.11197.3427.43113.47%

1 Percentage expressed in relation to Gross Income [£41,800.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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