Income tax calculator
The introduction of special tax allowances, rates and rate bands which interact differently depending on your level and type of income has made the calculation of income tax liability far from straightforward. Our calculator can be used to work out your income tax liability, and can be used where you receive any combination of earnings, savings income, dividends and most other types of income. It will also calculate any adjustment required to finance costs relating to letting income.
Using the calculator
After starting the calculator, choose the year for which you wish to make a calculation and enter details of your income and outgoings in the corresponding boxes on the Input screen. Click the Results button to see a summary of your tax position. If you want a detailed breakdown of how your tax liability is worked out, click the Detailed calculations button. The results and detailed calculations can be printed by clicking the Print button.
Related Topics
-
New two-tier mileage rates for electric vehicles
The amount that employers can reimburse staff for business travel in company cars changes from 1 September 2025. What are the new rates, and why is this update different to previous ones?
-
Tackling the rise of revenge quitting
A rising career trend in 2025 is so-called revenge quitting. What is it and what can you do about it?
-
Tax trap when renting to relatives
Your cousin is in financial difficulties and has nowhere to live. One of the properties you let is vacant and you’ve offered it to him as a temporary home. You’ll only charge him a minimal rent. How might this negatively affect your tax position?