Use our income tax calculator to quickly estimate your taxes and understand your taxable income in the UK.
With a salary of £15,000 for the 2024/2025 tax year, you’ll take home £14,320, keeping 95.5% of your earnings in your pocket. That works out to about £1,193 each month, or £275 per week.
You’ll contribute £486 in Income Tax and £194 in National Insurance. It’s always good to know where your money is going!
Description | Amount (£) |
---|---|
Salary / Gross Pay | £15,000.00 |
Tax Free Allowance | £12,570.00 |
Total Taxable | £2,430.00 |
Income Tax / PAYE | £486.00 |
National Insurance | £194.40 |
Student Loan | £0.00 |
Total PAYE Deductions | £680.40 |
Net Wage / Take Home Pay | £14,319.60 |
National Insurance Paid by Employer | £814.20 |
Cost To Employer | £15,814.20 |
Our easy-to-use taxable income calculator provides accurate and fast estimates, helping you plan your finances effectively.
Frequency | Gross Pay (£) | Deductions (£) | Net Pay (£) |
---|---|---|---|
Annually | £15,000.00 | £680.40 | £14,319.60 |
Monthly | £1,250.00 | £56.70 | £1,193.30 |
Weekly | £288.46 | £13.08 | £275.38 |
Daily (5 Day Week) | £57.69 | £2.62 | £55.08 |
Hourly (37.5 Hour Week) | £7.69 | £0.35 | £7.34 |