UK Salary Calculator 2024-2025 13.0.0

Easily compare salaries between your current and prospective jobs with a complimentary salary calculator tool.

Calculate your take-home pay based on your annual, hourly, daily, weekly, or monthly wage and effortlessly analyze the difference between your old and new salary. This tool is ideal for evaluating the impact of a salary increase or promotion.

You can view the results presented annually, monthly, weekly, daily, or hourly for easy comparison.

This comprehensive salary calculator is designed according to UK tax rates and allows you to choose between the 2023-24 and 2022-23 tax years.

The calculator factors in National Insurance (NI) contributions, student loan repayments, pension contributions, as well as your age (accounting for the NI exemption post-state pension draw). Additionally, it includes variable tax-free allowances for individuals aged 65 and above. The data used is sourced from the HMRC website at www.hmrc.gov.uk. The calculator also considers the 45% tax rate.

The latest update includes displaying the gross salary for your selected period (weekly, monthly, yearly, etc.), all deductions, and the net take-home pay figure.

Settings are automatically saved upon exiting the tool to avoid repetitive configuration.

Refer to the information page for our Twitter handle to stay informed about updates and new projects.

National Insurance contributions are a component of income tax payments, but adjustments can be made if you are 'contracted out' of the state pension scheme. This feature enables users to specify their contracted-out status and adjusts NI PAYE payments accordingly.