ocr: E1 TAX LEVELS CALCULATOR NB:la am not a financial expert, so these fommulae could be wrong, contact me if you have any improvements Enter gross wages in boxes & Tax/NI & Net wages will be calculated INCOME TAX Tax allowance for year £4,045 Tax Code == 404 L Single Person Lower Band 20% on earnings between £0 £4,100 ine excess of allowance Basic Band 24% on earnings between £4,101 £26,100 ine excess of allowance Higher Band 40% on earnings over 26,101 ine excess of allowance GROSS Alowance Lower Bar Basic Band Higher Band TAX Tax/Month Taxwweek