NEW AND UPDATED FOR 2011 TO 2012 TAX YEAR. How will the new tax changes on April 6th affect you? Enter your gross income (before tax is deducted) into the calculator to find out. The calculator will work out how much tax, National Insurance and, if applicable, student loan you will pay and then show you your estimated net income.
NEW FEATURE FOR 2011: It will now also show you how much better or worse off you are compared to the 2010/2011 tax year, based on the new tax personal allowance - just look at the 'Difference from 2010/11 tax year' figure in bold above the 'Take home Wage'.
After using the calculator, why not try and save some of your hard earned cash by using some of the other great tools on our site.
You can save money very easily by reviewing your current credit cards. Another great way of saving money is by switching gas and electricity providers.
Note: This calculator is based on the standard tax code 747L and standard National Insurance contributions (National Insurance category 'A') and is based on earnings for a whole tax year (April to April). If you have a different tax or National Insurance code (as a result of benefits such as health insurance, company cars etc), or have only been earning your salary for part of the tax year then the figures shown will not be true to your circumstances.
