We’ve just updated the calculator with the latest tax rates for the 2016/17 tax year, which take effect from April 6th, 2016.
The tax free personal allowance has increased to £11,000, which means you’ll pay less tax on your salary. Also, from the 2016/17 tax year there are no age-related personal allowances. Everyone, regardless of age, will have the same allowance of £11,000.
The default tax year is now set to 2016/17 so please take a look and see how much more your salary is worth this year.