OVERVIEW:
UK Salary Calculator for macOS provides a simple numerical and graphical breakdown of your income. It is intended for use by residents (or prospective residents) of the United Kingdom. Companion iOS app also available.
FEATURES:
Yearly, monthly, 4-weekly, weekly, daily and hourly breakdown of income tax (20%, 40% & 45%), national insurance contributions, pension contributions, student loan, employer's national insurance contributions, company car tax, fuel benefit charges, gross salary and net salary. It is also fully compatible with the new Scottish 5-tier tax system and 'S' tax codes.
It calculates your default tax allowance based on your age & income, and has facilities for using gross or net salary as an input, adding additional income, bonuses, additional allowances, customising student loan thresholds, adding salary sacrifices, childcare vouchers, marriage allowances, custom tax codes & deductions. It automatically reduces your personal allowance if you earn above the £100k income threshold.
UK Salary Calculator is fully reversible, meaning you can either enter your gross salary to see what your pay will be after deductions, or you can enter a net salary that you'd like to be your take home pay and UK Salary Calculator will tell you what you need to earn as a gross wage to make that happen. This app is therefore perfect for nannies, or individuals who employ a nanny, given their typical net-pay arrangements.
It is useful for employee's and employer's alike; whether you are looking to check your pay packet to ensure it's right, or to see what your earnings should/could be. It is also useful to see what your take home earnings will be in the next financial year or in another job. All calculations are based on data made available by HMRC and the Student Loan Company.
The company car tax feature allows you to input your car's P11D value & CO2 emissions and the app will automatically calculate the appropriate tax deductions and fuel benefit charge, if required.
Salary, salary sacrifices, allowances, and deductions can be input on a £'s/Year, £'s/Month, £'s/4-Week or £'s/Week basis. Pension can be added as a percentage or an amount.
One-click copy to clipboard function for individual calculated values, or you can quickly and easily share results via the email export option.
SUPPORTED TAX YEARS:
- 2022/2023
- 2023/2024
Please feel free to make feature requests in your reviews! For anything else, I can be contacted via my website at www.slywisher.co.uk
***#1 App on the UK Mac App Store ***
- Updated rates for 2023/24 Financial Year
- Added support for more Student Loans including Plan 4, Plan 5 and Postgraduate loans.
- Essential bug fixes