work out your take-home pay after tax

A raft of changes to the tax system will impact pensioners, savers, investors and the self-employed this financial year.

Chancellor Rishi Sunak announced a range of new tax hikes and stealthy charges in March to make up for the enormous cost of the pandemic. 

HM Treasury’s measures will have an impact on the personal finances of everyone in the country. There are up to eight ways that your tax bill could increase this year. But there are ways to cut costs if you take the time to plan ahead.  

Use our tax calculator to find out whether the Chancellor’s changes will leave you richer or poorer than last year. Fill in your details to see how your take-home pay compares.