App to check if you (and couple) earn enough money to afford your life style
Calculate your expenses in this example app
The National Insurance threshold was £8,424 a year.
If you earn above the threshold, you pay 12% of your earnings between £8,424 and £46,350.
On anything you earn above £46,350 a year, you pay National Insurance at 2%.
Income up to £12,500 - 0% income tax. This is your personal tax-free allowance.
Income between £12,501 and £50,000 - 20% income tax
Income between £50,001 and £150,000 - 40% income tax
Income above £150,001 - 45% income tax.
