This calculator helps you estimate your 'Adjusted Net Income' for tax purposes.
You need to work out your 'Adjusted Net Income' in order to calculate whether you are a higher rate taxpayer for the purposes of:
- The Personal savings allowance.
- The High-Income Child Benefit charge.
- The income-related reduction to the Personal allowance for any taxpayer who has adjusted net income over £100,000.
- For Higher personal allowances given to those who were born before 6 April 1948.
For more detail, see Adjusted Net Income.
What do I enter?
Enter your gross taxable income or allowable loss and any payments made before any allowances are claimed.
Enter Gift Aid payments if you are an Income Tax payer and have made a payment to charity and completed a Gift Aid declaration.
Work out your Adjusted Net Income