How your gross income will be taxed

Employed Person

Gross Income (£)	Total tax (£)	NIC (£)	Total tax + social security (£)	Tax as % of gross income	Plus social security as % of gross income	Net income (£)	Marginal rate		Employer costs (£)
Gross Income (£)	Total tax (£)	NIC (£)	Total tax + social security (£)	Tax as % of gross income	Plus social security as % of gross income	Net income (£)	Tax (%)	plus social security (%)	Employer costs (£)
10,000	954	593	1,547	9.5	15.5	8,453	22	33	689
25,000	4,254	2,243	6,497	17	26	18,503	22	33	2,609
40,000	8,542	2,983	11,528	21.4	28.8	28,472	40	41	4,529
55,000	14,542	3,136	17,678	26.4	32.1	37,322	40	41	6,449
70,000	20,542	3,286	23,828	29.3	34	46,172	40	41	8,369
85,000	26,542	3,436	29,978	31.2	35.3	55,022	40	41	10,289
100,000	32,542	3,586	36,128	32.5	36.1	63,872	40	41	12,209
115,000	38,542	3,736	42,278	33.5	36.8	72,722	40	41	14,129
130,000	44,542	3,886	48,428	34.3	37.3	81,572	40	41	16,049
145,000	50,542	4,036	54,578	34.9	37.6	90,422	40	41	17,969
160,000	56,542	4,186	60,728	35.3	38	99,272	40	41	19,889
175,000	62,542	4,386	66,878	35.7	38.2	108,122	40	41	21,809
190,000	68,542	4,486	73,028	36.1	38.4	116,972	40	41	23,729

Source: Pricewaterhouse Coopers 17/04/02

Married Pensioner

Gross Income (£)	Total tax (£)	NIC (£)	Total tax + social security (£)	Tax as % of gross income	Plus social security as % of gross income	Net income (£)	Marginal rate
Gross Income (£)	Total tax (£)	NIC (£)	Total tax + social security (£)	Tax as % of gross income	Plus social security as % of gross income	Net income (£)	Tax (%)	plus social security (%)
5,000		N/A				5,000
6,500		N/A				6,500
8,000		N/A				8,000
9,500		N/A				9,500
11,000	301	N/A	301	2.7	2.7	10,699	22	22
12,500	631	N/A	631	5	5	11,869	22	22
14,000	961	N/A	961	6.9	6.9	13,039	22	22
15,500	1,291	N/A	1,291	8.3	8.3	14,209	22	22
17,000	1,621	N/A	1,621	9.5	9.5	15,379	22	22
18,500	2,047	N/A	2,047	11.1	11.1	16,453	38	38
20,000	2,617	N/A	2,617	13.1	13.1	17,383	38	38

Source: Pricewaterhouse Coopers 17/04/02

Self-employed

Gross Income (£)	Total tax (£)	NIC (£)	Total tax + social security (£)	Tax as % of gross income	Plus social security as % of gross income	Net income (£)	Marginal rate
Gross Income (£)	Total tax (£)	NIC (£)	Total tax + social security (£)	Tax as % of gross income	Plus social security as % of gross income	Net income (£)	Tax (%)	plus social security (%)
10,000	954	535	1,489	9.5	14.9	8,511	30	29
25,000	4,254	1,735	5,989	17	24	19,011	30	29
40,000	8,542	2,300	10,842	21.4	27.1	29,158	41	40
55,000	14,542	2,450	16,992	26.4	30.9	38,008	41	40
70,000	20,542	2,600	23,142	29.3	33.1	46,858	41	40
85,000	26,542	2,750	29,292	31.2	34.5	55,708	41	40
100,000	32,542	2,900	35,442	32.5	35.4	64,558	41	40
115,000	38,542	3,050	41,592	33.5	36.2	73,408	41	40
130,000	44,542	3,200	47,742	34.3	36.7	82,258	41	40
145,000	50,542	3,350	53,892	34.9	37.2	91,108	41	40
160,000	56,542	3,500	60,042	35.3	37.5	99,958	41	40
175,000	62,542	3,650	66,192	35.7	37.8	108,808	41	40
190,000	68,542	3,800	72,342	36.1	38.1	117,658	41	40

Source: Pricewaterhouse Coopers 17/04/02

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The Budget 2002 proposals are subject to amendment before the Finance Act receives Royal Assent. This Budget 2002 Focus publication is for guidance only, and professional advice should be obtained before acting on any information contained herein. We cannot accept any responsibility for any errors or omissions it might contain or any loss occasioned as a result of action or in action based on the publication's content. The information provided is for general information in respect of the topics covered.