Salary Estimator with Tax and NI Breakdown
Income Summary - £40,000

Gross Income: £40,000

Estimated Tax Deducted: £7,540

National Insurance: £3,180

Net Income: £29,280

Tax Breakdown

Personal Allowance (0%) applied to the first £12,570

Basic Rate (20%) on income up to £50,270

Higher Rate (40%) beyond £50,270

Additional Rate (45%) above £150,000

National Insurance Breakdown

Below Primary Threshold (0%) applied up to £9,568

Between PT and UEL (12%) applied between £9,568 and £50,270

Above UEL (2%) applied above £50,270