The Salary Calculator

General Election Salary Calculator

by Admin

As you may have noticed, there’s a General Election next month and the parties are all out campaigning. Since a major campaign point this time is personal taxation, I thought it would be interesting to compare how the main parties’ policies would affect take-home pay. You can try out the Election Salary Calculator here. This is a simplified version of the normal Salary Calculator, but if you enter your salary and a few other optional extras, it will estimate the differences in deductions for the 5 main national parties.

This is just an estimate, and not all of the details are available yet – I will update the calculator with more information as the parties provide it. I hope you find it interesting! Details of the changes are described below the results table. The BBC has a very good article explaining the parties’ positions on taxation and other policy areas.

Tags: 2015, election, income tax, national insurance, Pay As You Earn, personal allowance, tax rates, The Salary Calculator