The Salary Calculator has (finally!) been updated so that you can choose to view calculations for different tax years. You will see that there is now a drop-down box in which you can choose the tax year that should be applied. By default, the current 2012/13 tax year will be selected so if you just want to see current values you do not need to do anything.

Details for previous tax years going back as far as the 2005/6 tax years have been made available, so you can see how your take-home pay has changed over the years. You may have forgotten how the personal tax-free allowance has increased over the past few years, which gives you more to take home – or perhaps you’d just like to see how far your salary would have gone a few years ago.

I do plan to add more past years (i.e. before the 2005/6 tax year) to The Salary Calculator, and of course, when the details of 2013/14 and further forward become available, they will be added to the site. Head over to The Salary Calculator to try it out. Please let me know in the comments below if you find this option useful or not!

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About The Salary Calculator

None of the content on this website, including blog posts, comments, or responses to user comments, is offered as financial advice. Figures used are for illustrative purposes only.

5 Comments to New – choose your tax year!

  1. Please i need the current year calculation of personal allowance.Thanks.

  2. Stanley Ukoha on August 9th, 2012
  3. Hi Stanley,

    The default personal allowance for under-65s is £8,105, and will be applied by default on The Salary Calculator if you leave the year selected as 2012 / 13 (the current tax year).

    Your personal allowance might be different (for example, if you have employment benefits like private healthcare), so if you know your tax code, enter it into the “Tax Code” field on the calculator. The default tax code for this year is 810L.

    More information about the allowances and tax codes is on the calculator’s “About” page – About The Salary Calculator.

  4. admin on August 9th, 2012
  5. When will the calculator for the 2013/14 tax year be out?

  6. Gary on January 22nd, 2013
  7. Hi Gary,

    If I can get my hands on the required figures, I plan to update the calculator for 2013/14 in early February (maybe sooner if I get the time before then!).

  8. admin on January 22nd, 2013
  9. I have just updated The Salary Calculator for the 2013/14 tax year, which will start on 6th April 2013. Although 2012/13 rates are still applied by default (as that is the current tax year), you can choose 2013/14 from the Tax Year drop-down box, or use the Comparison calculator to see 2012 and 2013 side-by-side.

    Here is a blog post about the April 2013 update, or you can go straight to The Salary Calculator 2013 or the 2012 / 2013 income tax comparison calculator.

  10. admin on February 4th, 2013

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