Income Tax calculator UK 2011-2012. Free online calculator to help you obtain a detailed breakdown of your income and salary deductions.
Our handy calculator will help you to determine the amount of income tax you are due to pay.The workings of the calculator are based on the current 2011-2012 tax year, as well as the previous two tax years 2009-2010 and 2010-2011.
Remember the tax year runs from the 6th of April until the 5th of April the following year.
The results are simply and accurately displayed according to the current HMRC tax regulations.
Every working individual both employed and self employed is entitled to a personal tax allowance.In addition there are also tax allowances for certain age range brackets, for registered blind persons and also for married couples aged sixty five plus.
All these tax allowances can be used in our free calculator by selecting the correct entry in the appropriate field space.
Student loan repayment deductions(currently applicable when taxable salary is above £15k pa), employees national insurance and employer’s national insurance contributions can also be readily calculated.
If you enter a gross annual salary the calculator will easily give you a full income and deduction breakdown for year, month and weekly wages.
Ok time to get clicking and find out just exactly what you receiving in your hand for your hard labour.
Enjoy using our tax calculator and do not hesitate to get in touch if you have any queries or suggestions.
Further information and explanations of tax deductions as well as other useful calculators can be found by clicking any of our navigation bar links on the left of the page.
Check back often as we update our tax calculator with every budget change and also add handy tips on saving money and reducing tax liabilities with regular website updates.
Income Tax Calculator Admin Team 2011