Boris Johnson Tax Calculator - £ 82,000.00 Salary Example (£82K 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 £ 82,000.00 Salary (£82K Salary). The illustration also includes an overview of a current 2023 salary example for £ 82,000.00 and an salary example for £ 82,000.00 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.

£ 82,000.00 Salary Comparison

What	Current (2019)	Boris £80k Higher Rate Threshold	iCalculator™ £30k Personal Allowance
Net Pay	48715.44	55054.48	45554.48
Difference	n/a	6339.04	-3160.96
Take Home	59.41%	67.14%	55.55%

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: £ 82,000.00
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)

2023 Salary Example for £ 82,000.00 (Current)

£ 82,000.00 Salary Example 2023/24 Tax Year

	Yearly	Monthly	4 Weekly	2 Weekly	Weekly	Daily	Hourly	%1
Gross Income	82,000.00	6,833.33	6,307.69	3,153.85	1,576.92	324.11	45.05	100.00%
Adjusted Gross Income2	77,900.00	6,491.67	5,992.31	2,996.15	1,498.08	307.91	42.80	95.00%
Company Pension: Employee	4,100.00	341.67	315.38	157.69	78.85	16.21	2.25	5.00%
Company Pension: Employer	2,460.00	205.00	189.23	94.62	47.31	9.72	1.35	3.00%
Taxable Pay	77,900.00	6,491.67	5,992.31	2,996.15	1,498.08	307.91	42.80	95.00%
Tax Due [PAYE]	23,660.00	1,971.67	1,820.00	910.00	455.00	93.52	13.00	28.85%
National Insurance	5,524.56	460.38	424.97	212.48	106.24	21.84	3.04	6.74%
Total Pay Deductions	33,284.56	2,773.71	2,560.35	1,280.18	640.09	131.56	18.29	40.59%
Net Pay	48,715.44	4,059.62	3,747.34	1,873.67	936.84	192.55	26.77	59.41%
Employers NIC Contribution	9,558.98	796.58	735.31	367.65	183.83	37.78	5.25	11.66%
Salary Package [Cost of Employee]	94,018.98	7,834.92	7,232.23	3,616.11	1,808.06	371.62	51.66	114.66%

¹ Percentage expressed in relation to Gross Income [£ 77,900.00].

Please provide a rating, it takes seconds and helps us to keep this resource free for all to use

2023 Salary Example for £ 82,000.00 (Planned by Boris Johnson)

£ 82,000.00 Salary Example 2023/24 Tax Year (Planned by Boris Johnson)

	Yearly	Monthly	4 Weekly	2 Weekly	Weekly	Daily	Hourly	%1
Gross Income	82,000.00	6,833.33	6,307.69	3,153.85	1,576.92	324.11	45.05	100.00%
Adjusted Gross Income2	77,900.00	6,491.67	5,992.31	2,996.15	1,498.08	307.91	42.80	95.00%
Company Pension: Employee	4,100.00	341.67	315.38	157.69	78.85	16.21	2.25	5.00%
Company Pension: Employer	2,460.00	205.00	189.23	94.62	47.31	9.72	1.35	3.00%
Taxable Pay	77,900.00	6,491.67	5,992.31	2,996.15	1,498.08	307.91	42.80	95.00%
Tax Due [PAYE]	17,660.00	1,471.67	1,358.46	679.23	339.62	69.80	9.70	21.54%
National Insurance	5,185.52	432.13	398.89	199.44	99.72	20.50	2.85	6.32%
Total Pay Deductions	26,945.52	2,245.46	2,072.73	1,036.37	518.18	106.50	14.81	32.86%
Net Pay	55,054.48	4,587.87	4,234.96	2,117.48	1,058.74	217.61	30.25	67.14%
Employers NIC Contribution	9,587.69	798.97	737.51	368.76	184.38	37.90	5.27	11.69%
Salary Package [Cost of Employee]	94,047.69	7,837.31	7,234.44	3,617.22	1,808.61	371.73	51.67	114.69%

¹ Percentage expressed in relation to Gross Income [£ 77,900.00].

2023 Salary Example for £ 82,000.00 (Suggested by iCalculator)

£ 82,000.00 Salary Example 2023/24 Tax Year (Suggested by iCalculator)

	Yearly	Monthly	4 Weekly	2 Weekly	Weekly	Daily	Hourly	%1
Gross Income	82,000.00	6,833.33	6,307.69	3,153.85	1,576.92	324.11	45.05	100.00%
Adjusted Gross Income2	77,900.00	6,491.67	5,992.31	2,996.15	1,498.08	307.91	42.80	95.00%
Company Pension: Employee	4,100.00	341.67	315.38	157.69	78.85	16.21	2.25	5.00%
Company Pension: Employer	2,460.00	205.00	189.23	94.62	47.31	9.72	1.35	3.00%
Taxable Pay	77,900.00	6,491.67	5,992.31	2,996.15	1,498.08	307.91	42.80	95.00%
Tax Due [PAYE]	27,160.00	2,263.33	2,089.23	1,044.62	522.31	107.35	14.92	33.12%
National Insurance	5,185.52	432.13	398.89	199.44	99.72	20.50	2.85	6.32%
Total Pay Deductions	36,445.52	3,037.13	2,803.50	1,401.75	700.88	144.05	20.03	44.45%
Net Pay	45,554.48	3,796.21	3,504.19	1,752.10	876.05	180.06	25.03	55.55%
Employers NIC Contribution	9,587.69	798.97	737.51	368.76	184.38	37.90	5.27	11.69%
Salary Package [Cost of Employee]	94,047.69	7,837.31	7,234.44	3,617.22	1,808.61	371.73	51.67	114.69%

¹ Percentage expressed in relation to Gross Income [£ 77,900.00].

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.