How to use this calculator
Enter your household details below to see how the reformed tax system might affect you. All calculations happen in your browser—nothing is saved or sent anywhere.
Important: These are illustrative calculations based on typical scenarios. Your actual position would depend on specific circumstances. This is not financial advice.
Your Household Details
Annual employment income before tax
Annual employment income before tax
Rental income, dividends, interest, etc.
Current market value (or £0 if renting)
Amount still owed on your home
Savings, investments, second properties (not pensions)
Total pension pot value (exempt from wealth tax)
Total household mileage
Return flights count as 2
Breakdown
What You'd Save
| Current Tax | Annual Amount |
|---|---|
| Employee National Insurance | £0 |
| Income Tax (Current System) | £0 |
| Council Tax (Estimated) | £0 |
| Total Current Taxes | £0 |
What You'd Pay Instead
| New Tax | Annual Amount |
|---|---|
| Income Tax (Reformed System) | £0 |
| Wealth Tax | £0 |
| Land Tax | £0 |
| Road Pricing | £0 |
| Carbon Tax (Heating & Travel) | £0 |
| Total New Taxes | £0 |