dg accountancy services, free tools, calculator, tax rates, tax allowances, national insurance

Calculators

Use these free tools to check and plan your finances and help you make financial decisions.

VAT Calculator
Calculate the VAT on transactions at 17.5%

Payslip Calculator
This payslip calculator performs monthly calculations for the 2006/07 tax year
on a month 1 basis.

INCOME TAX ALLOWANCES
TAX RATES	2006-07	2005-06
Starting rate band to	2,150	2,090
Tax rate	10%	10%
Basic rate band - next	31,150	30,310
Tax rate	22%	22%
Higher rate band Taxable income over	33,300	32,400
Tax rate	40%	40%
PERSONAL ALLOWANCES
Under 65 (at end of tax year)	5,035	4,895
65-74 (at end of tax year)	7,280	7,090
75 and over (at end of tax year)	7,420	7,220
Blind persons allowance	1,660	1,610

NATIONAL INSURANCE ALLLOWANCES
CLASS 1 (not contracted out)	2006-07	2005-06
Payable on weekly earnings LEL	84	82
Primary Threshold (PT)	97	94
UEL	645	630
Employee's rate (PT to UEL)	11%	11%
above UEL	1%	1%
Employer's rate (above PT)	12.8%	12.8%
No employee's national insurance is payable for those aged 65 and over
CLASS 2 (Self-employed)	2006-07	2005-06
Weekly	2.10	2.10
Small earnings exception	4,465	4,345
CLASS 4 (Self-employed on profits)	2006-07	2005-06
Lower profits limit	5,035	4,895
Upper profits limit	33,540	32,760
Rate on profits between lower and upper limits 8% 8%	8%	8%
Rate on profits above upper limit	1%	1%

DG Accountancy Services
PO Box 1600
CROYDON
CR0 4WA
England (UK)
T: +44(0) 870 777 0279
F: +44(0) 870 420 4308

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