Please add your taxable benefits in the options section if you have taxable benefits from your employer, such as company car, travelling expenses from your home to work, childcare expenses paid by your employer, fuel, or other job related benefits. We also have a dedicated dividends calculator page where you can have more detailed explanations and insights on your dividends. If you are a company director and would like to calculate the tax you would need to pay on your dividends, alongside your salary, please add your yearly dividend income in the “Dividend income” field, and our tax calculator will accurately estimate your net take home, for both dividends, and your salary. If you are excempt from paying National Insurance, please tick the box in our calculator options, and we’ll generate the results based on no National Insurance deductions from your gross pay. If you know your tax code simply add it in our options, and we’ll adjust your personal allowance accordingly. Our system supports all widely used tax codes, such as L codes, BR codes, M codes, and D0, D1, NT, 0T, K, N, and S codes.Īs a default, the tax code for the latest financial year (2020/2021) is L1250. If you are receiving monthly bonuses, simply add them together to come up with the yearly figure.

If you have a yearly bonus payment, you can also add that to your annual salary, and we’ll include it in the calculations. The types supported by our calculator are Auto-enrollment, Personal, Salary Sacrifice, and Employer. Our calculator allows you to add your pension contributions. You can select one or multiple student loan plans at once, and you can even add the postrgaduate loan to be considered in our calculations. If you have a student loan, select the right student loan plan from the “Calculator options” section, and it will be included in our calculations. To calculate your salary, simply enter your gross income in the box below the “GROSS INCOME” heading, select your income period (default is set to yearly), and press the “Calculate” button.

Calculator impozit auto