Estimate your take-home pay with our simplified PAYE Tax Calculator for the UK (2023-24 tax year). Input your annual income to see your income tax, National Insurance, and net income – created by Mr. Dhananjoy Ghosh.
What is PAYE?
PAYE (Pay As You Earn) is the UK system for collecting income tax and National Insurance from employees’ salaries.
How is PAYE tax calculated?
It includes income tax (0% up to £12,570, 20% £12,571–£50,270, 40% £50,271–£125,140, 45% above £125,140) and NI (12% £12,571–£50,270, 2% above £50,270) for 2023-24.
What’s included here?
This calculator covers basic income tax and NI contributions.
Why simplified?
It excludes student loans, pension contributions, and other deductions for simplicity.
"Save Trees, Save Life"
Email: unknown2oy@gmail.com | Phone: 9635221315 | Address: Ghoshkira, Chandrokona Road, West Bengal, 721253 | Support: 24/7