Boris Johnson Tax Calculator - £89,000.00 Salary Example (£89K 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 £89,000.00 Salary (£89K Salary). The illustration also includes an overview of a current 2019 salary example for £89,000.00 and an salary example for £89,000.00 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
£89,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay57572.4463911.4861411.48
Difference n/a6339.043839.04
Take Home64.69%71.81%69.00%

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: £89,000.00
  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 £89,000.00 (Current)

£89,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income89,000.007,416.676,846.153,423.081,711.54351.7848.90100.00%
Adjusted Gross Income284,550.007,045.836,503.853,251.921,625.96334.1946.4695.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8714.04%
Company Pension: Employee4,450.00370.83342.31171.1585.5817.592.455.00%
Company Pension: Employer2,670.00222.50205.38102.6951.3510.551.473.00%
Taxable Pay72,050.006,004.175,542.312,771.151,385.58284.7839.5980.96%
Tax Due [PAYE]21,320.001,776.671,640.00820.00410.0084.2711.7123.96%
National Insurance5,657.56471.46435.20217.60108.8022.363.116.36%
Total Pay Deductions31,427.562,618.962,417.501,208.75604.38124.2217.2735.31%
Net Pay57,572.444,797.704,428.652,214.321,107.16227.5631.6364.69%

Employers NIC Contribution10,476.68873.06805.90402.95201.4741.415.7611.77%
Salary Package [Cost of Employee]102,146.688,512.227,857.443,928.721,964.36403.7456.12114.77%

1 Percentage expressed in relation to Gross Income [£84,550.00].

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2019 Salary Example for £89,000.00 (Planned by Boris Johnson)

£89,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income89,000.007,416.676,846.153,423.081,711.54351.7848.90100.00%
Adjusted Gross Income284,550.007,045.836,503.853,251.921,625.96334.1946.4695.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8714.04%
Company Pension: Employee4,450.00370.83342.31171.1585.5817.592.455.00%
Company Pension: Employer2,670.00222.50205.38102.6951.3510.551.473.00%
Taxable Pay72,050.006,004.175,542.312,771.151,385.58284.7839.5980.96%
Tax Due [PAYE]15,320.001,276.671,178.46589.23294.6260.558.4217.21%
National Insurance5,318.52443.21409.12204.56102.2821.022.925.98%
Total Pay Deductions25,088.522,090.711,929.89964.94482.4799.1613.7828.19%
Net Pay63,911.485,325.964,916.272,458.131,229.07252.6135.1271.81%

Employers NIC Contribution10,505.39875.45808.11404.05202.0341.525.7711.80%
Salary Package [Cost of Employee]102,175.398,514.627,859.653,929.821,964.91403.8656.14114.80%

1 Percentage expressed in relation to Gross Income [£84,550.00].

2019 Salary Example for £89,000.00 (Suggested by iCalculator)

£89,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income89,000.007,416.676,846.153,423.081,711.54351.7848.90100.00%
Adjusted Gross Income284,550.007,045.836,503.853,251.921,625.96334.1946.4695.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.4833.71%
Company Pension: Employee4,450.00370.83342.31171.1585.5817.592.455.00%
Company Pension: Employer2,670.00222.50205.38102.6951.3510.551.473.00%
Taxable Pay54,550.004,545.834,196.152,098.081,049.04215.6129.9761.29%
Tax Due [PAYE]17,820.001,485.001,370.77685.38342.6970.439.7920.02%
National Insurance5,318.52443.21409.12204.56102.2821.022.925.98%
Total Pay Deductions27,588.522,299.042,122.191,061.10530.55109.0515.1631.00%
Net Pay61,411.485,117.624,723.962,361.981,180.99242.7333.7469.00%

Employers NIC Contribution10,505.39875.45808.11404.05202.0341.525.7711.80%
Salary Package [Cost of Employee]102,175.398,514.627,859.653,929.821,964.91403.8656.14114.80%

1 Percentage expressed in relation to Gross Income [£84,550.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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