You can also use the drop-down arrow to select a previous tax year, including 2024-25, 2023-24, 2022-23, 2021-22, 2020-21 ... will impact your take-home pay. This calculator assumes you're employed ...

High earners pay more in taxes, as portions of their income are subject to higher tax rates. The calculator also takes into account tax credits, which can further reduce your bill. If you have a ...

2021-22, 2020-21, or 2019-20 tax year. Note: our calculator is currently being updated to reflect changes to income tax bands in Scotland for the 2025-26 tax year. The new figures are detailed in the ...

Finally, the tax calculator will compute the income tax under both the regimes. And thereby, you can find out which regime is ...

Individuals can use this calculator to assess which tax regime is more advantageous by entering their income and deductions. An individual can access the calculator on the income tax website by ...

Recent figures from HMRC show that the number of higher-rate taxpayers ballooned 15 per cent between the 2021/22 and 2022/23 tax years, due to fiscal drag. With the income tax thresholds set to ...

Before filing Income Tax Return (ITR) in FY 2024-25 under the old income tax regime you need to complete all necessary steps by March 31.