How to calculate your tax bill UK

  To estimate your Income Tax for the current year, you can use the GOV.UK Income Tax calculator. This service helps you determine how much Income Tax and National Insurance you should pay for the tax year from 6 April 2024 to 5 April 2025. It provides an estimate of your take-home pay, assuming no other deductions like pension contributions or student loans.

If you’re self-employed, consider using the self-employed tax calculator for a more accurate estimate of your Self Assessment tax bill. Remember, you may be eligible for a refund if you’ve overpaid your tax.

Keep in mind that this online estimate won’t work if:

• You’re not a pay-as-you-earn (PAYE) taxpayer.
• Your sole income is from self-employment or state benefits (such as State Pension).
• You contribute to a pension scheme through your employer.
• You’re repaying a student loan.

For multiple jobs, use the calculator separately for each job. If you need further assistance, you can always reach out to HMRC or consult an accountant