Feeds
70%
HMRC Tax Calc iOS app

HMRC Tax Calc

The money program

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

iOS App of the Week The Inland Revenue’s latest on-line tax calculator fell flat on its face when it was launched last week – swamped, no doubt, by starving millionaires desperate to know how much their 5 per cent tax cut was worth.

HMRC Tax Calc iOS app HMRC Tax Calc iOS app

Quick input and summary calculation

And even when it was up and running again the on-line calculator didn’t want to play nice with Safari on my Mac. However, the calculator has also been launched as a free app for both iOS and Android, and it’s interesting to fire it up and get a quick breakdown of how your tax bill works out.

You can enter your salary or hourly rate, and then just hit the Calculate button to get a summary of your income tax liability, national insurance and final take-home pay – along with the life-sapping news that tax and national insurance together amount to a ‘marginal rate’ of 32 per cent even for basic rate taxpayers.

HMRC Tax Calc iOS app HMRC Tax Calc iOS app

More detailed calculation and breakdown

If you want to know more, then the Details button drills a little deeper and provides additional information, such as your personal tax allowance and the amounts taxed at the 20, 40 and 50 per cent rates. And, just to make you feel better about your tax bill, there are a couple of pretty little pie charts that show how your money is being spent.

Some people might suggest that spending 33 per cent on unemployment and welfare and barely 5 per cent on ‘infrastructure and industry’ helps to explain the lack of growth in the UK economy. But hey, what do I know? I only live here.

HMRC Tax Calc iOS app HMRC Tax Calc iOS app

Where it all goes and external links

The app itself is pretty straightforward, but my main complaint is that it’s primarily designed for employees on PAYE, with no option for self-employed people, such as myself, to deduct travel and other expenses. However, the app does provide links to the HMRC web site where you can get more info for self-employed people and small businesses.

Back in January, I was utterly traumatised by the task of filing my tax return on-line for the first time, and I would have liked to have had this app available back then. It won’t do all the calculations for you – there are plenty of paid-for apps that can do that – but it does give you a useful starting point so that you can work out the key numbers that explain where all your dosh is going. ®

More iOS App of the Week Winners

Vyclone Run, Zombies! SoundBrush SkyDrive SnapGuide

Internet Security Threat Report 2014

70%
HMRC Tax Calc iOS app

HMRC Tax Calc

Useful tax info for PAYE employees, but fails to acknowledge the existence of the self-employed millions.
Price: Free RRP

More from The Register

next story
PEAK APPLE: iOS 8 is least popular Cupertino mobile OS in all of HUMAN HISTORY
'Nerd release' finally staggers past 50 per cent adoption
Apple spent just ONE DOLLAR beefing up the latest iPad Air 2
New iPads look a lot like the old one. There's a reason for that
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Microsoft fitness bands slapped on wrists: All YOUR HEALTH DATA are BELONG TO US
Wearable will deliver 'actionable insights for healthier living'
Caterham Seven 160 review: The Raspberry Pi of motoring
Back to driving's basics with a joyously legal high
FTDI yanks chip-bricking driver from Windows Update, vows to fight on
Next driver to battle fake chips with 'non-invasive' methods
Amazon hopes FIRE STICK will light up its video service
We do streaming video? It seems we do...
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.