Business solutions
Membership packages
Money-back guarantee
New at the Forum
Why should I join?
Surviving the downturn
Our members
Testimonials
Our partners
Work for the Forum
News and media
Research
Events
Working with the Forum
Log in


Problems logging in?

Payslip calculator

This calculator performs calculations for the 2009/10 tax year on a monthly or weekly basis and should give you approximate figures for a monthly/weekly payslip. The calculations are based on personal allowances of £6,475. For for those aged 65 to 74, or over 75, the personal allowances are £9,490 and 9,640, respectively, with an income limit of £22,900.

Enter your payslip information below: Results:  

Your pay before tax

£ 

Net pay (pay after tax) £

Monthly

Weekly

PAYE tax deduction £

 

  National Insurance deduction £

Numerical part of the tax code, which appears on the payslip

 

Employer contribution £

 

  Cost to your employer £

If you have one of the following tax codes, select it from the list

If you’re unsure as to which tax code is relevant to you, see the table below.

 

 

  

   
 

Notes

PAYE is the method of paying income tax. Tax is deducted by employers based on tax codes (see below) and sent to HM Revenue & Customs (HMRC).

National Insurance contributions are made at different rates depending on your income. For more information on contributions, refer to the Business Link website.

The employer's contribution is 12.8% of net pay.


Tax codes

L
For those eligible for the basic Personal Allowance - it is also used for emergency tax codes.
P
For people aged 65 to 74 and eligible for the full Personal Allowance.
V
For people aged 65 to 74, eligible for the full Personal Allowance and the full Married Couple's Allowance and estimated to be liable at the basic rate of tax.
Y
For people aged 75 or over and eligible for the full Personal Allowance.
T
If there are any other items that need to be reviewed in a tax code.
K
When your total allowances are less than your total deductions.
BR

An abbreviation of Basic Rate. Used if you have two jobs. So, in one job you receive "tax-free pay" and in the other you must pay Basic Rate (20%) on all of the earnings.

An employer may allocate this code for new employees if HMRC has not yet provided an official tax code.

D0
For people required to pay tax at the higher rate (40%).
NT
An abbreviation of No Tax. Applied in exceptional circumstances to employees who are not required to pay tax on their earnings. such as students at university or college working during their holidays, and some UK employees who work abroad.