Wales Tax Calculator 2024/25
Estimate your Welsh income tax, UK bands, National Insurance and take‑home pay for the 2024/25 tax year.
For guidance only – always check official HMRC and Welsh Government sources before making financial decisions.
Salary before tax and employee pension contributions.
One‑off bonus, overtime, commission etc.
Assumes relief at source (contribution from net pay).
Approximated thresholds and rates for 2024/25.
Standard is £12,570. High earners may have this reduced.
Results
| Band | Taxable | Rate | Tax |
|---|
How the Wales tax calculator works
This tool estimates your income tax and take‑home pay if you are a Welsh taxpayer for the 2024/25 tax year. It combines:
- Welsh rates of income tax (set by the Senedd)
- UK‑wide income tax bands and personal allowance (set by the UK Parliament)
- Employee Class 1 National Insurance contributions (NICs)
- Optional student loan repayments and pension contributions
Key assumptions
- You are a Welsh resident for income tax purposes (your main home is in Wales).
- Income is from employment (PAYE) only – no dividends, savings interest or self‑employment.
- Standard personal allowance of £12,570 unless you override it.
- Student loan thresholds and rates are approximated for 2024/25.
Income tax bands for Welsh taxpayers (2024/25)
Welsh taxpayers pay the same overall income tax rates as the rest of the UK on non‑savings, non‑dividend income. The difference is that part of the rate is set by the Welsh Government.
| Band | Taxable income | Rate |
|---|---|---|
| Personal allowance | Up to £12,570 | 0% |
| Basic rate | £12,571 – £50,270 | 20% |
| Higher rate | £50,271 – £125,140 | 40% |
| Additional rate | Over £125,140 | 45% |
The calculator also allows you to adjust the personal allowance manually if you are affected by the taper for incomes above £100,000 or by other factors.
National Insurance (employee Class 1)
If you tick “Include employee National Insurance”, we estimate your NICs using simplified 2024/25 thresholds:
- No NI on income up to the primary threshold.
- Main rate on earnings between the primary threshold and the upper earnings limit.
- Additional rate on earnings above the upper earnings limit.
NI is calculated on your employment income only and is separate from income tax.
Student loan plans
If you have a student loan, repayments are calculated as a percentage of income above a plan‑specific threshold:
- Plan 2 – typically for English and Welsh students who started an undergraduate course from 2012.
- Plan 5 – for newer English and Welsh borrowers (from 2023 intake).
- Postgraduate loan – for eligible postgraduate courses.
The calculator uses approximate thresholds and rates and is for illustration only. Your actual repayments may differ.
Limitations and disclaimer
This Wales tax calculator is designed for quick estimates. It does not handle:
- Dividends, savings interest or rental income
- Marriage allowance, blind person’s allowance or other reliefs
- Benefits in kind, company cars, or complex PAYE codes
- Self‑assessment, capital gains tax or pension annual allowance issues
Always refer to official guidance from HMRC and the Welsh Government, or speak to a qualified tax adviser, before relying on figures for financial planning.