Understand UK taxes
Tax Explained helps you understand UK tax on pay, pensions, savings, dividends and other income with practical calculators and easy to understand guides. Preview the take-home salary calculator by moving the slider below.
- Monthly take-home
- £2,813
- Yearly take-home
- £33,760
- Tax and NI
- £8,240
Latest guides
Browse our latest tax explainers
Understand relief at source, net pay, salary sacrifice, SIPP contributions and employer pension contributions.
Savings guideHow savings interest is taxed in the UKLearn how UK savings interest is taxed, including which allowances are available, the rates that the income is taxed at and how to report the income to HMRC.
Salary guideTax codes explainedUnderstand UK tax codes including 1257L, BR, 0T, K and emergency codes, and what to do if your code looks wrong.
Calculators
Useful tools for UK tax calculations
Calculate your take-home pay after income tax, national insurance, pension contributions, student loans and other payroll deductions.
self assessmentSelf Assessment tax calculatorUse this calculator to calculate your Self Assessment position for the tax year. Enter your income, gains, reliefs, deductions and tax already paid to see the total tax due or overpaid.
dividendsDividend tax calculatorCalculate the tax due on dividends from your own company or an investment account, after salary, other income and the dividend allowance.