The UK’s income tax and National Insurance thresholds are frozen for several years, which creates “fiscal drag”: as your salary rises, more of it falls into higher tax bands. Enter your salary and expected growth to see how your take-home pay compares with what it should be if thresholds kept up with inflation.
Fiscal-Drag Pay Calculator
Estimate how freezing tax thresholds affects your net income over time.
Read more about the fiscal drag and frozen tax bands on our special blog.