NHS Multi-Income · 2024/25 · England/Wales

Total Tax Calculator
All Income Sources

Calculate your true tax position across NHS salary, locum bank work, rental income, professional fees and more — with custom tax codes including 218T, BR, D0 and beyond.

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Settings
1
Main NHS Employment
Primary income stream
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NHS Substantive Salary
Your contracted consultant / doctor salary
£
£
Tax Code for Main Employment
✓ 1257L (Standard)
BR · 20% flat
D0 · 40% flat
D1 · 45% flat
NT · No tax
Custom (e.g. 218T)
1257L (Standard): Full personal allowance of £12,570 applied. At salary of £131,154 your personal allowance is fully tapered — HMRC should ideally issue 0T or a reduced-number T code. If your payslip shows 1257L on this salary, you may have an underpayment collected via Self Assessment.
2
Locum / Bank Work
Same trust or other NHS organisations
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Locum Bank Income
Additional sessions — same trust, locum agency, or other NHS body
£
£
Tax Code for Locum Income
✓ D0 · 40% flat (most common)
BR · 20% flat
D1 · 45% flat
1257L
NT · No tax
Custom
D0 (most common for locum at same trust): 40% tax deducted on every pound with no personal allowance. Correct if you're already a higher-rate taxpayer on your main salary. You may still have an underpayment or overpayment reconciled via Self Assessment at year end.
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Locum income at the same trust is still employment income — subject to NI and pension contributions (unless opted out). Income via an external agency or Ltd company may be treated differently. HMRC IR35 rules may apply if working through a personal service company.
3
Rental Income
UK residential or commercial property
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Property Rental Income
Gross rent received — allowable expenses deducted below
£
£
Allowable Rental Expenses
Letting agent fees £
Insurance (building/contents) £
Repairs & maintenance £
Accountancy / legal fees £
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Mortgage interest: Since April 2020, mortgage interest is NOT deductible from rental profit. Instead you get a 20% tax credit on the interest paid — this is calculated automatically. If you're a higher-rate taxpayer this means you effectively pay the extra 20–25% on the interest amount.
4
Other Income Sources
Professional fees, sales, investments, dividends
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Additional Income
Self-employed professional work, medico-legal, sales, dividends, savings
£
£
£
£
£
£
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Dividends: First £500 tax-free (2024/25 allowance). Basic rate: 8.75%, Higher rate: 33.75%, Additional rate: 39.35%. Savings interest: Personal Savings Allowance £500 for higher-rate taxpayers (£0 for additional-rate). Both declared on Self Assessment.
Total Tax & Deductions — 2024/25
£0
across all income sources
£0 Total Gross
£0 Est. Take-Home
0% Effective Rate
0% Marginal Rate
📋 Income by Stream
🔢 Full Tax Calculation
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⚖️ PAYE Deducted vs Self Assessment
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📊 Where Your Money Goes
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Estimates only — 2024/25 tax year. NI calculated on employment income (NHS salary + locum if employed). Rental mortgage interest relief is at basic rate only (20%). Dividend and savings allowances applied. This is not financial or tax advice. File Self Assessment by 31 January 2026. For complex multi-income situations always use a qualified medical accountant.