Boris Johnson Tax Calculator - £99,000.00 Salary Example (£99K 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 £99,000.00 Salary (£99K Salary). The illustration also includes an overview of a current 2019 salary example for £99,000.00 and an salary example for £99,000.00 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
£99,000.00 Salary Comparison
WhatCurrent (2019)Boris £80k Higher Rate ThresholdiCalculator £30k Personal Allowance
Net Pay63421.4869421.4866921.48
Difference n/a60003500
Take Home64.06%70.12%67.60%

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: £99,000.00
  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 £99,000.00 (Current)

£99,000.00 Salary Example 2019/20 Tax Year
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income99,000.008,250.007,615.383,807.691,903.85391.3054.40100.00%
Adjusted Gross Income294,050.007,837.507,234.623,617.311,808.65371.7451.6895.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8712.63%
Company Pension: Employee4,950.00412.50380.77190.3895.1919.572.725.00%
Company Pension: Employer2,970.00247.50228.46114.2357.1211.741.633.00%
Taxable Pay81,550.006,795.836,273.083,136.541,568.27322.3344.8182.37%
Tax Due [PAYE]25,120.002,093.331,932.31966.15483.0899.2913.8025.37%
National Insurance5,508.52459.04423.73211.87105.9321.773.035.56%
Total Pay Deductions35,578.522,964.882,736.811,368.40684.20140.6319.5535.94%
Net Pay63,421.485,285.124,878.582,439.291,219.64250.6834.8564.06%

Employers NIC Contribution11,816.39984.70908.95454.48227.2446.716.4911.94%
Salary Package [Cost of Employee]113,786.399,482.208,752.804,376.402,188.20449.7562.52114.94%

1 Percentage expressed in relation to Gross Income [£94,050.00].

2019 Salary Example for £99,000.00 (Planned by Boris Johnson)

£99,000.00 Salary Example 2019/20 Tax Year (Planned by Boris Johnson)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income99,000.008,250.007,615.383,807.691,903.85391.3054.40100.00%
Adjusted Gross Income294,050.007,837.507,234.623,617.311,808.65371.7451.6895.00%
Tax Free Personal Allowance12,500.001,041.67961.54480.77240.3849.416.8712.63%
Company Pension: Employee4,950.00412.50380.77190.3895.1919.572.725.00%
Company Pension: Employer2,970.00247.50228.46114.2357.1211.741.633.00%
Taxable Pay81,550.006,795.836,273.083,136.541,568.27322.3344.8182.37%
Tax Due [PAYE]19,120.001,593.331,470.77735.38367.6975.5710.5119.31%
National Insurance5,508.52459.04423.73211.87105.9321.773.035.56%
Total Pay Deductions29,578.522,464.882,275.271,137.64568.82116.9116.2529.88%
Net Pay69,421.485,785.125,340.112,670.061,335.03274.3938.1470.12%

Employers NIC Contribution11,816.39984.70908.95454.48227.2446.716.4911.94%
Salary Package [Cost of Employee]113,786.399,482.208,752.804,376.402,188.20449.7562.52114.94%

1 Percentage expressed in relation to Gross Income [£94,050.00].

2019 Salary Example for £99,000.00 (Suggested by iCalculator)

£99,000.00 Salary Example 2019/20 Tax Year (Suggested by iCalculator)
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Gross Income99,000.008,250.007,615.383,807.691,903.85391.3054.40100.00%
Adjusted Gross Income294,050.007,837.507,234.623,617.311,808.65371.7451.6895.00%
Tax Free Personal Allowance30,000.002,500.002,307.691,153.85576.92118.5816.4830.30%
Company Pension: Employee4,950.00412.50380.77190.3895.1919.572.725.00%
Company Pension: Employer2,970.00247.50228.46114.2357.1211.741.633.00%
Taxable Pay64,050.005,337.504,926.922,463.461,231.73253.1635.1964.70%
Tax Due [PAYE]21,620.001,801.671,663.08831.54415.7785.4511.8821.84%
National Insurance5,508.52459.04423.73211.87105.9321.773.035.56%
Total Pay Deductions32,078.522,673.212,467.581,233.79616.89126.7917.6332.40%
Net Pay66,921.485,576.795,147.812,573.901,286.95264.5136.7767.60%

Employers NIC Contribution11,816.39984.70908.95454.48227.2446.716.4911.94%
Salary Package [Cost of Employee]113,786.399,482.208,752.804,376.402,188.20449.7562.52114.94%

1 Percentage expressed in relation to Gross Income [£94,050.00].

Further Reading

Boris Johnsons Plan for changes to the Higher Rate Tax Threshold

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