Boris Johnson Tax Calculator - £51,000.00 Salary Example (£51K 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 £51,000.00 Salary (£51K Salary). The illustration also includes an overview of a current 2019 salary example for £51,000.00 and an salary example for £51,000.00 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
£51,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay36481.8436663.4840163.48
Difference n/a181.643681.64
Take Home71.53%71.89%78.75%

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: £51,000.00
  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 £51,000.00 (Current)

£51,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income51,000.004,250.003,923.081,961.54980.77201.5828.02100.00%
Adjusted Gross Income248,450.004,037.503,726.921,863.46931.73191.5026.6295.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8724.51%
Company Pension: Employee2,550.00212.50196.1598.0849.0410.081.405.00%
Company Pension: Employer1,530.00127.50117.6958.8529.426.050.843.00%
Taxable Pay35,950.002,995.832,765.381,382.69691.35142.0919.7570.49%
Tax Due [PAYE]7,190.00599.17553.08276.54138.2728.423.9514.10%
National Insurance4,778.16398.18367.55183.7891.8918.892.639.37%
Total Pay Deductions14,518.161,209.851,116.78558.39279.2057.387.9828.47%
Net Pay36,481.843,040.152,806.301,403.15701.57144.2020.0471.53%

Employers NIC Contribution5,494.88457.91422.68211.34105.6721.723.0210.77%
Salary Package [Cost of Employee]58,024.884,835.414,463.452,231.731,115.86229.3531.88113.77%

1 Percentage expressed in relation to Gross Income [£48,450.00].

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2019 Salary Example for £51,000.00 (Planned by Boris Johnson)

£51,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income51,000.004,250.003,923.081,961.54980.77201.5828.02100.00%
Adjusted Gross Income248,450.004,037.503,726.921,863.46931.73191.5026.6295.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8724.51%
Company Pension: Employee2,550.00212.50196.1598.0849.0410.081.405.00%
Company Pension: Employer1,530.00127.50117.6958.8529.426.050.843.00%
Taxable Pay35,950.002,995.832,765.381,382.69691.35142.0919.7570.49%
Tax Due [PAYE]7,190.00599.17553.08276.54138.2728.423.9514.10%
National Insurance4,596.52383.04353.58176.7988.3918.172.539.01%
Total Pay Deductions14,336.521,194.711,102.81551.40275.7056.677.8828.11%
Net Pay36,663.483,055.292,820.271,410.13705.07144.9120.1471.89%

Employers NIC Contribution5,523.59460.30424.89212.45106.2221.833.0310.83%
Salary Package [Cost of Employee]58,053.594,837.804,465.662,232.831,116.42229.4631.90113.83%

1 Percentage expressed in relation to Gross Income [£48,450.00].

2019 Salary Example for £51,000.00 (Suggested by iCalculator)

£51,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income51,000.004,250.003,923.081,961.54980.77201.5828.02100.00%
Adjusted Gross Income248,450.004,037.503,726.921,863.46931.73191.5026.6295.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.4858.82%
Company Pension: Employee2,550.00212.50196.1598.0849.0410.081.405.00%
Company Pension: Employer1,530.00127.50117.6958.8529.426.050.843.00%
Taxable Pay18,450.001,537.501,419.23709.62354.8172.9210.1436.18%
Tax Due [PAYE]3,690.00307.50283.85141.9270.9614.582.037.24%
National Insurance4,596.52383.04353.58176.7988.3918.172.539.01%
Total Pay Deductions10,836.52903.04833.58416.79208.3942.835.9521.25%
Net Pay40,163.483,346.963,089.501,544.75772.37158.7522.0778.75%

Employers NIC Contribution5,523.59460.30424.89212.45106.2221.833.0310.83%
Salary Package [Cost of Employee]58,053.594,837.804,465.662,232.831,116.42229.4631.90113.83%

1 Percentage expressed in relation to Gross Income [£48,450.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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