UK Income Tax Calculator (2023/24)
Estimate your take-home pay after Income Tax and National Insurance for the 2023/24 tax year.
Estimates only — for 2023/24 UK tax year values.
Ready
Monthly Take-Home £0.00
Annual Take-Home £0.00
Effective Tax Rate 0%
| Breakdown | Annual (£) |
|---|---|
| Gross Salary | £0.00 |
| Pension | £0.00 |
| Income Tax | £0.00 |
| National Insurance | £0.00 |
| Net Income | £0.00 |
Income Tax & National Insurance Rates 2023/24
Income Tax Bands (England, Wales & Northern Ireland)
| Band | Income Range | Rate |
|---|---|---|
| Personal Allowance | £0 – £12,570 | 0% |
| Basic Rate | £12,571 – £50,270 | 20% |
| Higher Rate | £50,271 – £125,140 | 40% |
| Additional Rate | Over £125,140 | 45% |
National Insurance (Employee Class 1)
| £0 – £12,570 | 0% |
|---|---|
| £12,571 – £50,270 | 12% |
| Above £50,270 | 2% |
These rates apply to 2023/24 employment income. Scotland uses separate tax bands.
How UK Income Tax Works (2023/24)
HMRC calculates Income Tax and National Insurance through PAYE. Your final take-home pay depends on your tax code and total earnings.
- £12,570 Personal Allowance is tax-free.
- 40% higher rate applies above £50,270.
- 45% additional rate applies above £125,140.
- NI for employees was 12% in this year (mid-year changes excluded).
- Personal Allowance tapers down for incomes over £100,000.
This calculator uses all 2023/24 PAYE and NI rules for accurate results.
2023/24 Income Tax Examples
Salary: £20,000
- Income Tax: £1,486
- NI: ~£900
- Take-home: ~£17,600
Salary: £40,000
- Income Tax: £5,486
- NI: ~£3,200
- Take-home: ~£31,300
Salary: £80,000
- Income Tax: ~£17,500
- NI: ~£5,000
- Take-home: ~£57,500
Frequently Asked Questions
No — tax bands were frozen at 2021/22 levels. NI rates also returned to pre-HSC levy amounts.
Yes — Scotland has separate tax bands that differ from the rest of the UK.
This UK Income Tax Calculator uses HMRC 2023/24 Income Tax and National Insurance thresholds for England, Wales and Northern Ireland PAYE employees.