United Kingdom

Individual - Sample personal income tax calculation

Last reviewed - 12 February 2024

Tax computation for 2023/24 for a single individual (employee) resident in England, Wales, or Northern Ireland.

Tax computation GBP GBP
Earned income:    
Salary 160,000  
Benefits 15,000  
Total earned income   175,000
     
Less - Personal deductions    
Personal allowance (where available) * 12,570  
Less: Phase out where income exceeds GBP 100,000 (12,570) 0
Taxable net income   175,000
     
Tax due:    
GBP 0 to 37,700 @ 20% 7,540 
GBP 37,701 to 125,140 @ 40% 34,976 
Over GBP 125,140 @ 45% 22,437 
Total tax due   64,953

* The personal allowance is not available to any taxpayer claiming the remittance basis.