PAYE (on £94,754, Tax code 1257L, Fiscal Year 2021/2022)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Basic rate | 20% | 0 | £37,700 | £7,540 |
| Higher rate | 40% | £37,700 | £150,000 | £17,793 |
| Additional rate | 45% | £150,000 | - | £0 |
| Total Tax: | £25,333 |
Employees NI (on £94,754, Fiscal Year 2021/2022)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Primary threshold | 0% | 0 | £184 | 0 |
| rate below upper earnings limit | 12% | £184 | £967 | £4,885 |
| rate above upper earnings limit | 2% | £967 | - | £889 |
| Total Tax: | £5,775 |