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Summary
| Description |
Charges to w:UK income tax and w:National Insurance in £ for the tax year 6 April 2016 thru 5 April 2017. This takes account only of straightforward income tax and Class I employee NICs without contracted-out pension contributions. Made in w:Origin(Software). According to w:HMRC, the tax and National Insurance rates and allowances for 2016/17 are: Income tax (per annum) Up to personal allowance, 0%: £11,500 pa. Basic rate, 20%: First £33,500pa above personal allowance. Higher rate, 40%: 33,500 to 150,000 pa above the personal allowance. Additional rate, 40%: Everything more than £150,000pa above the personal allowance. Personal allowance redeuced by 1£ per every 2£ earned above 100,000pa. National Insurance contributions (per annum) Up to primary threshold, 0%: £8,164pa. Up to 'upper earnings limit', 12%: First £36,860pa above the primary threshold. Above 'upper earnings limit', 2%: Everything more than £36,860pa above the primary threshold. |
| Date | |
| Source | Made using Excel, Matlab and Origin |
| Author | Ischariot ucl |
Licensing
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Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License. |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 02:55, 8 June 2017 | | 3,216 × 2,461 (74 KB) | Ischariot ucl | {{subst:Upload marker added by en.wp UW}} {{Information |Description = {{en|Charges to w:UK income tax and w:National Insurance in £ for the tax year 6 April 2016 thru 5 April 2017. This takes account only of straightforward income tax and Class I emp... |
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