Last years Tax & NI Calculator and rates; 2010 - 2011
See if you are due tax refund from HMRC, or you owe any
amount
19/10/2011 6 million people are due to receive on average of £300
tax refund from HMRC.
I have received I cheque of £900 tax refund!
Also HMRC will be contacting these who have underpaid
tax.
Enter your salary and click show to calculate how much tax you pay
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Yearly |
Monthly |
Weekly |
Hourly |
| Salary |
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Personal Allowance |
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| Married Couples Allowance |
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| Tax paid |
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| NI contribution |
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| Total deduction |
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| You Take Home |
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2010 - 2011 income tax and
NI calculator
UK
Click on the link for 2011-2012 Tax and NI calculator
Now that you know how much money you have earned last tax year, use the 2010/11 tax calculator above to see if you have underpaid or overpaid tax in the
tax year April 2010 to April 2011.
Personal Allowance is the portion of your earning where tax is not applied,
making that portion of your earning tax free.
| Age |
Condition |
Personal Allowance (per year) |
| |
If you are earning up to £100,000 |
£6475 |
| Under 65 |
If you are earning between £100,000 and £112,950 |
Decreases from £6475 by 50% of every pound you earn
(above £100,000) until it reaches £0 |
| |
If you are earning £112,950 or more |
£0
|
| |
If you are earning up to £22,900 |
£9490 |
| |
If you are earning between £22,900 and £28,930 |
Decreases from £9490 by 50% of every pound you earn
(above £22,900) until it reaches £6475 |
| 65 - 74 |
If you are earning from £28,930 to £100,000 |
£6475 |
| |
If you are earning between £100,000 and £112,950 |
Decreases from £6475 by 50% of every pound you earn
(above £100,000) until it reaches £0 |
| |
If you are earning £112,950 or more |
£0 |
| |
If you are earning up to £22,900 |
£9640 |
| |
If you are earning between £22,900 and £29,230 |
Decreases from £9640 by 50% of every pound you earn (above £22,900) until it reaches
£6475 |
| 75 and over |
If you are earning from £29,230 to £100,000 |
£6475 |
| |
If you are earning between £100,000 and £112,950 |
Decreases from £6475 by 50% of every pound you earn
(above £100,000) until it reaches £0 |
| |
If you are earning £112,950 or more |
£0 |
This table is rounded up to the nearest pound
If you are blind you get an additional amount on top of your personal allowance
of £1890
These rates are used to apply to the different portions of your earning
| Your earning [per year
after
taking away your Personal Allowance amount from your earning] |
Tax rate 2010 - 2011 |
that is |
| Under your personal allowance amount |
No tax is taken |
£0 |
| £0 - £37,400 |
20% |
called basic rate |
| £37,401 - £150,000 |
40% |
called higher rate |
| over £150,000 |
50% |
called additional rate |
National Insurance Contribution is payable by everyone, until you have
reached the state retirement age. Currently the state retirement age is for
males is 65 years old and females is 60 years old.
| Your earning [per year] |
National Insurance rate 2010 - 2011 |
that is |
| Earnings up to £5720 |
0% |
No National Insurance contribution is payable |
| Earnings between £5720 and £43,888 |
11% |
Salary minus £5720 = X, 11% of X |
| Earnings £43,888 or more |
1% |
£43888 minus £5720 = £38168, 11% of £38168 plus Salary minus £43888 = X,
1% of X |
These rates are used to apply to the different portions of your earning.
Privacy: This tool/website does not collect any salary information you enter
to calculate your tax.
Disclaimer: I am not a tax professional, so please do not use this
information to to make any big decisions. Do consult a professional when making any
big decisions.
All your emails are welcome. I read every email sent to me. Email:
support@iknowtax.com
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