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UK Budget 2007/2008 Net Earnings 1 Budget 2007 | net earnings | tax benefits | tax thresholds
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COUPLE, ONE EARNER - 2 CHILDREN |
COUPLE, TWO EARNERS - ONE CHILD |
| Gross Income |
Net income 2006/07 |
Net income 2007/08 |
Tax Credits
2007/08 |
NI 2007/08 |
Monthly Gain/Loss
2007/08 |
Gross Income |
Net income 2006/07 |
Net income 2007/08 |
Tax Credits 2007/08 |
NI 2007/08 |
Monthly gain/loss 2007/08 |
| £10,000 |
14,912 |
15,291 |
6,601 |
528 |
32 |
£10,000 |
14,185 |
14,451 |
4,756 |
161 |
22 |
| £15,000 |
16,412 |
16,791 |
4,751 |
1,078 |
32 |
£15,000 |
16,297 |
16,596 |
2,906 |
528 |
25 |
| £20,000 |
17,912 |
18,291 |
2,901 |
1,628 |
32 |
£20,000 |
18,005 |
18,340 |
1,056 |
1,056 |
28 |
| £25,000 |
19,412 |
19,791 |
1,051 |
2,178 |
32 |
£25,000 |
21,136 |
21,273 |
545 |
1,606 |
11 |
| £30,000 |
22,566 |
22,634 |
545 |
2,728 |
6 |
£30,000 |
24,486 |
24,623 |
545 |
2,156 |
11 |
| £35,000 |
26,062 |
26,000 |
545 |
3,262 |
-5 |
£35,000 |
27,836 |
27,923 |
545 |
2,706 |
11 |
| £40,000 |
29,612 |
29,819 |
545 |
3,312 |
17 |
£40,000 |
31,186 |
31,323 |
545 |
3,256 |
11 |
| £45,000 |
32,562 |
32,769 |
545 |
3,362 |
17 |
£45,000 |
34,536 |
34,673 |
545 |
3,806 |
11 |
| £50,000 |
35,512 |
35,719 |
545 |
3,412 |
17 |
£50,000 |
37,886 |
38,023 |
545 |
4,356 |
11 |
| £60,000 |
60,000 |
41,074 |
|
3,512 |
17 |
£60,000 |
44,387 |
44,663 |
|
4,940 |
23 |
| £70,000 |
46,767 |
46,974 |
|
3,612 |
17 |
£70,000 |
50,554 |
50,829 |
|
5,373 |
23 |
| £80,000 |
52,667 |
52,874 |
|
3,712 |
17 |
£80,000 |
56,721 |
56,996 |
|
5,807 |
23 |
| £90,000 |
58,567 |
58,774 |
|
3,812 |
17 |
£90,000 |
62,887 |
63,163 |
|
6,240 |
23 |
| £100,000 |
64,467 |
64,674 |
|
3,912 |
17 |
£100,000 |
69,054 |
69,329 |
|
6,673 |
23 |
| £125,000 |
79,217 |
79,424 |
|
4,162 |
17 |
£125,000 |
84,684 |
85,097 |
|
7,074 |
34 |
| £150,000 |
93,967 |
94,174 |
|
4,412 |
17 |
£150,000 |
99,434 |
99,847 |
|
7,324 |
34 |
| £175,000 |
108,717 |
108,924 |
|
4,662 |
17 |
£175,000 |
114,184 |
114,597 |
|
7,574 |
34 |
| £200,000 |
123,467 |
123,674 |
|
4,912 |
17 |
£200,000 |
128,934 |
129,347 |
|
7,825 |
34 |
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COUPLE, TWO EARNERS - 2 CHILDREN |
PENSIONER COUPLE AGED 65 - 74 |
| Gross Income |
Net income 2006/07 |
Net income 2007/08 |
Tax Credits
2007/08 |
NI 2007/08 |
Monthly Gain/Loss
2007/08 |
Gross Income |
Net income 2006/07 |
Net income 2007/08 |
Tax Credits 2007/08 |
NI 2007/08 |
Monthly Gain/Loss 2007/08 |
| £10,000 |
15,950 |
16,296 |
6,601 |
161 |
29 |
£10,000 |
10,000 |
10,000 |
|
|
0 |
| £15,000 |
18,062 |
18,441 |
4,751 |
528 |
32 |
£15,000 |
15,000 |
15,000 |
|
|
0 |
| £20,000 |
19,770 |
20,185 |
2,901 |
1,056 |
35 |
£20,000 |
19,533 |
19,624 |
|
|
8 |
| £25,000 |
21,332 |
21,780 |
1,051 |
1,606 |
37 |
£25,000 |
23,694 |
23,812 |
|
|
10 |
| £30,000 |
24,486 |
24,623 |
545 |
2,156 |
11 |
£30,000 |
27,726 |
27,886 |
|
|
13 |
| £35,000 |
27,836 |
27,973 |
545 |
2,706 |
11 |
£35,000 |
31,270 |
31,518 |
|
|
21 |
| £40,000 |
31,186 |
31,323 |
545 |
3,256 |
11 |
£40,000 |
34,928 |
35,118 |
|
|
16 |
| £45,000 |
34,536 |
34,623 |
545 |
3,806 |
11 |
£45,000 |
38,661 |
38,852 |
|
|
16 |
| £50,000 |
37,886 |
38,023 |
545 |
4,356 |
11 |
£50,000 |
42,460 |
42,590 |
|
|
11 |
| £60,000 |
44,387 |
44,663 |
|
4,940 |
23 |
£60,000 |
49,961 |
50,358 |
|
|
33 |
| £70,000 |
50,554 |
50,829 |
|
5,373 |
23 |
£70,000 |
56,205 |
56,691 |
|
|
40 |
| £80,000 |
56,721 |
56,996 |
|
5,807 |
23 |
£80,000 |
62,667 |
63,047 |
|
|
32 |
| £90,000 |
62,887 |
63,163 |
|
6,240 |
23 |
£90,000 |
69,267 |
69,647 |
|
|
32 |
| £100,000 |
69,054 |
69,329 |
|
6,673 |
23 |
£100,000 |
75,867 |
76,247 |
|
|
32 |
| £125,000 |
84,684 |
85,097 |
|
7,074 |
34 |
£125,000 |
91,767 |
92,415 |
|
|
54 |
| £150,000 |
99,434 |
99,847 |
|
7,324 |
34 |
£150,000 |
106,767 |
107,415 |
|
|
54 |
| £175,000 |
114,184 |
114,597 |
|
7,574 |
34 |
£175,000 |
121,767 |
122,415 |
|
|
54 |
| £200,000 |
128,934 |
129,347 |
|
7,824 |
34 |
£200,000 |
136,767 |
137,415 |
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|
54 |
NI = National Insurance paid for that year
The Monthly Gain/Loss does not take into account the Budget changes to
the increased cost of Petrol, Car Tax etc
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