PAYE (on £50,100, Tax code 1250L, Fiscal Year 2019/2020)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Basic rate | 20% | 0 | £37,500 | £7,500 |
| Higher rate | 40% | £37,500 | £150,000 | £40 |
| Additional rate | 45% | £150,000 | - | £0 |
| Total Tax: | £7,540 |
Employees NI (on £50,100, Fiscal Year 2019/2020)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Primary threshold | 0% | 0 | £166 | 0 |
| rate below upper earnings limit | 12% | £166 | £962 | £4,967 |
| rate above upper earnings limit | 2% | £962 | - | £1.52 |
| Total Tax: | £4,968 |