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Home›Calculators›Income Tax & NIC
💼 Income Tax & NIC Calculator

Income Tax & NIC Calculator

Estimate your income tax and National Insurance contributions for 2026/27 and 2025/26. Includes personal allowance taper above £100,000 and all rate bands.

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💼 Income Tax & NIC

⚠️ Important Disclaimer — Please Read Carefully This calculator provides rough estimates for illustrative and general information purposes only. It is not tax advice and must not be relied upon when making any financial, tax or investment decisions. The calculations use simplified assumptions and may not reflect your actual tax liability.

Tax rules are highly complex and your individual circumstances — including sources of income, available reliefs, allowances, residency status, domicile, prior year losses and many other factors — will affect the actual tax due. Rates and thresholds shown are for the selected tax year based on information available at the time of publication and may have changed. The Tax Lead Limited accepts no liability for any loss arising from use of this calculator.

Always seek professional tax advice before making any decisions. Book a Free Discovery Call with our Chartered Certified Accountants and Chartered Tax Advisers — we’ll give you a precise, personalised assessment of your tax position.

Total Deductions —

£0
Income tax + Employee NIC
Income Tax
Employee NIC (Class 1)
Take-Home Pay
Personal Allowance Used
Effective Income Tax Rate
Combined Effective Rate (tax+NIC)
Income Tax Band Breakdown
BandTaxable IncomeTax

📋 2026/27 Income Tax Rates

  • Personal Allowance: £12,570 (frozen to 2031)
  • Basic rate 20%: £12,571 – £50,270
  • Higher rate 40%: £50,271 – £125,140
  • Additional rate 45%: Over £125,140
  • PA tapers above £100,000 (£1 per £2 over)

🔵 NIC Rates 2026/27

  • Employee (main): 8% on £12,570 – £50,270
  • Employee (upper): 2% on earnings over £50,270
  • Employer: 15% on earnings over £5,000

💡 Ways to Reduce Your Tax Bill

Pension contributions, salary sacrifice, Gift Aid and ISAs can all reduce your effective tax rate. book a free discovery call for personalised planning.

Personal Tax Planning

Beyond the Numbers — What Next?

Self Assessment, pension contributions, salary sacrifice, EIS/SEIS, tax-efficient investments. Our Chartered Tax Advisers help higher-rate and additional-rate taxpayers structure their affairs properly. Book a Free Discovery Call.

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Owner-Managed Business Tax

Director profit extraction, salary/dividend optimisation and personal tax planning.

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UK Income Tax 2026/27 Guide

Every band, allowance and rate explained — plus what changed from April 2026.

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Salary vs Dividend Optimiser

Find the most tax-efficient mix for owner-directors.

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Take-Home Pay Calculator

After-tax income with pension, student loan and benefits.

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Specialisms

  • Residential Property Tax
  • Commercial Property Tax
  • Technology & Software
  • Prop Trading & LLPs
  • Crypto Tax
  • Personal Tax

Services

  • Accounting & Reporting
  • Business Tax Advisory
  • Property Tax
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  • MTD ITSA Support
  • Outsourced Head of Tax
  • Tax Position Review
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  • High Net Worth
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