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UK PAYE tax Calculator
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NET PAY CALCULATOR
Instructions
[1] Read the "Small Print" below.
[2] Enter in the green box your annual salary, as quoted in your letter of appointment
[3] Read the "Estimated net pay per month" figure in the column for the pension scheme you contribute to.
USS Final Salary
Monthly gross salary $3,942
Income Tax deducted each month $650
Employee National Insurance deducted each month $307
Employee pension contributions each month $197
Total reductions from salary per month $1,153
Estimated net pay per month $2,788
Small Print
This calculator is intended to give an indication of your net pay. The information is indicative and should not be treated as definitive.
The University will not accept any responsibility for decisions made based on this calculator
Please note that the University Pay and Benefits Office cannot provide individual calculations for you.
This calculator works for individuals who pay tax at 20% or 40%. It does not work for 45% tax payers.
This calculator assumes that you are contributing to one of the pension schemes shown above. Pension salary exchange does not apply.
The "NIC" and "Income Tax" tabs are for calculation purposes only - you do not need to look at these!
Updated by Human Resources, May 2013 (version 1.1)
If you notice any errors in this calculator, contact [email protected]
N:\Pay and Grading\Oncosts and pay calculators
These figures are based on the current standard personal allowance for income tax which is reviewed each year by HMRC. Your actual tax allowance, which will be notified to you by HMRC, may be different to this.
Tax Year 2013/14
£47,300 3941.6666666667
[3] Read the "Estimated net pay per month" figure in the column for the pension scheme you contribute to.
NO 0.05 197118.25 0.67
$3,942 $3,942 0.2 788 533.16667 0.48
$473 $729
$307 $307 5200 2365 1,419 946
$788 $0 5200 9460 6,398 3,062
$1,568 $1,035
$2,373 $2,907
This calculator is intended to give an indication of your net pay. The information is indicative and should not be treated as definitive.
The University will not accept any responsibility for decisions made based on this calculator
Please note that the University Pay and Benefits Office cannot provide individual calculations for you.
This calculator works for individuals who pay tax at 20% or 40%. It does not work for 45% tax payers.
This calculator assumes that you are contributing to one of the pension schemes shown above. Pension salary exchange does not apply.
The "NIC" and "Income Tax" tabs are for calculation purposes only - you do not need to look at these!
USS Career Revalued
These figures are based on the current standard personal allowance for income tax which is reviewed each year by HMRC. Your actual tax allowance, which will be notified
Standing Data for Tax year 2013/14
Lower Earnings Limit (LEL) $5,668
Primary Threshold (PT) $7,755
Upper Accruals Point (UAP) $40,040
Upper Earnings Limit (UEL) $41,450
Employee Rebate 1.4%
Data entered by employee (on Calculator tab)
Monthly gross salary $3,942
Taxable and NI-able salary (per month) $3,942
Taxable and NI-able salary (per year) $47,300
Employee NIC
Earnings up to PT 0% $0
Earnings between PT and UEL 12% $4,043
Earnings above UEL 2% $117
Rebate on earnings between LEL and UAP 1.4% $481
Rebate on earnings between LEL and UAP $481
Contracted-in NIC (not member of pension scheme) $4,160 This is the figure for employee NIC if the employee is not a member of a pension scheme
Contracted-out NIC (member of pension scheme) $3,679 This is the figure for employee NIC if the employee is a member of a pension scheme
This calculator assumes the employee is a member of a pension scheme
Employee NIC per annum $3,679
Employee NIC per month $307
Monthly figures to check against online HMRC Calculator http://www.hmrc.gov.uk/calcs/nice.htm
Monthly pay $3,942
Employee NIC for NI Category = D $283.71
This is the figure for employee NIC if the employee is not a member of a pension scheme
This is the figure for employee NIC if the employee is a member of a pension scheme
http://www.hmrc.gov.uk/calcs/nice.htm
2013/14 Personal Allowance £9,440
2013/14 Standard rate tax at 20% for pay up to £32,010
2012/13 Higher Rate at 40% for pay above £32010 and up to £150,000
2012/13 Higher Rate at 45% for pay above £150,000
Data entered by employee USS Final Salary
Monthly gross salary $3,942
Pension contributions $197
Monthly gross salary after pension contributions $3,745
Taxable salary (per year) $44,935
Gross pay above Tax free allowance $35,495
Gross pay at Basic Rate (20%) $32,010
Gross pay at Higher Rate (40%) $3,485
Tax due (per annum) $7,796
Tax due (per month) $650
Monthly figures to check against online HMRC Calculator
Monthly pay $3,745
Income tax where tax code = 944L $481.40
Standard rate tax at 20% for pay up to
This figure is revised by the Government in each tax year. Your actual personal allowance (shown in your tax code) may be different.
This figure is revised by the Government in each tax year.
This figure is revised by the Government in each tax year.
This figure is revised by the Government in each tax year. This calculator will not work for pay above £150,000
USS Career Revalued ERBS
$3,942 $3,942
$788 $0
$3,153 $3,942
$37,840 $47,300
$28,400 $37,860
$28,400 $32,010
$0 $5,850
$5,680 $8,742
$473 $729
http://www.hmrc.gov.uk/calcs/paye.htm
$3,153 $3,942
$488.20 $489.80
0.350263097689316
This figure is revised by the Government in each tax year. Your actual personal allowance (shown in your tax code) may be different.
This figure is revised by the Government in each tax year. This calculator will not work for pay above £150,000
