We take an active interest in calculators as tools to save people time and to help them to be self-sufficient.
It is important that calculators give the right answers. Not always easy to do as the subjects are sometimes very complex and designers of calculators leave out difficult things on occasions.
We have not reviewed the calculators in detail, but from what we know, they are the best in their fields on the internet at the moment. As we said above, this does not guarantee complete accuracy.
Income tax and pay
What am I paid?
This calculator works out how much you are paid weekly/monthly/annually from your hourly rate.
Payslip checker
This calculator checks that the right amount of tax and national insurance is being deducted from your wages/salary/pension for the code number that is shown on your payslip.
Salary checker
A survey tool which checks your pay against the pay of others doing the same job.
Minimum wage calculator
This calculator checks whether you are being paid the national minimum wage for your occupation.
Statutory redundancy pay calculator
This calculator will give you the value of your statutory redundancy pay if you are asked to leave your job.
Company car and fuel benefit calculator
An HMRC calculator which calculates the tax benefits which arise from the provision of a company car and fuel.
Student tax checker
An HMRC calculator to help a student decide if they have overpaid tax during a tax year.
Value added tax
VAT calculator
This calculator helps you to check that the right amount of VAT is being charged on goods and services.
Tax credits
Entitlement to tax credits
A short calculator which enables someone to see if they are likely to qualify to receive tax credits.
Tax credits calculator
A more complex, but accurate, calculator which shows you the amount you might expect to receive if you made a tax credit claim. Unusually it does not show you the amount for the whole of a year, but only from when you put in the information until the end of the tax year.
Childcare voucher “better off” calculator
Another calculator from HMRC, this time not completely accurate. However, in most cases it will provide the correct answers.
Two of the calculators in the next section also contain tax credits calculations.
Other benefits
State pension age calculator
This calculator tells you when you can expect to receive your State pension.
Benefits adviser
A complex calculator produced by the Department for Work and Pensions which aims to forecast what benefits and credits you may be entitled to receive from various government departments.
Benefits checker
A simpler calculator from Entitledto which covers the main benefits to which people on low incomes may become entitled.
General financial
Money Advice Service
The Money Advice Service provides a number of useful planners and calculators which cover a variety of topics including budget planning.
