Tax

Marginal Tax Rate Calculator

The rate on your next pound or dollar, from your own band table, with the tax on another 1,000 shown.

Your income, and the bands it passes through

Taxable income

Income used to find which band you reach, in your local currency.

Where each band ends, and its rate

Income up to this amount is in Band 1.

%

Rate on the lowest band.

Income up to this amount is in Band 2.

%

Rate on income between Band 1 and Band 2 limits.

Income up to this amount is in Band 3.

%

Rate on income between Band 2 and Band 3 limits.

%

Rate on income above the Band 3 limit.

Marginal Tax Rate

20.00%

The rate on your next unit of income.

Formula verified 12 September 2026

Tax on Next 1,000

200.00

Tax you would pay on 1,000 more income.

Band You Are In

3

Which band your income reaches (1 is lowest).

Report an issue

Educational estimate only — verify rates with your official tax authority. Read the full disclaimer ↓

Tax rate of each band

Add your numbers to see the visual breakdown.

Your income against the bands

Each band, its rate, and a marker on the highest band your income reaches — the band that sets your marginal rate.

BandIncome rangeRate
Band 10 – 10,0000%
Band 210,000 – 40,00010%
Band 340,000 – 85,00020%◀ your marginal rate
Band 4Above 85,00030%

Estimates only — not financial, tax, or professional advice.

100% private — every number you enter is calculated in your browser and never sent to our servers.

What it calculates: Marginal Tax Rate, Tax on Next 1,000, Band You Are In.

Updated 5 June 2026 · Transparent assumptions

$60,000 in a 20% band does not mean $12,000 of tax

Progressive tax charges each band only on the income falling inside it. At the default bands, the first $10,000 is untaxed, income from $10,000 to $40,000 is taxed at 10%, and the portion from $40,000 to $85,000 at 20%. Someone on $60,000 pays nothing, then $3,000, then $4,000 — $7,000 in total, not $12,000.

This is the single most widespread misunderstanding in personal tax, and it has a practical cost: people decline raises, refuse overtime or turn down promotions believing a higher bracket applies retroactively to their whole income. It never does. Crossing into a higher band changes the rate on the next dollar only.

$200 on the next thousand is the number that should drive decisions

The marginal rate is the rate on the next unit of income, so the tax on another $1,000 — $200 here — is the figure that matters for any decision at the margin. Is the overtime worth it, is the side income worth declaring, is a pension contribution worth making: all of them are answered at the marginal rate, not the effective one.

It cuts both ways. A deduction saves tax at the marginal rate, so $1,000 into a pension saves $200 for this taxpayer and $370 for someone in a 37% band. The same contribution is worth almost twice as much to the higher earner, which is the entire logic of relief at the marginal rate.

Withdrawn allowances and benefit tapers create spikes no bracket table shows

Published bands are not the whole story. Allowances that phase out as income rises, benefits that taper, and thresholds that trigger a separate charge all raise the true marginal rate above the headline band. In several systems there are income ranges where the effective marginal rate exceeds 60%, sitting between two published bands of far less.

These spikes matter precisely because they are invisible. Someone earning just below such a threshold can take a raise and keep almost none of it. Anyone near a known cliff should compute the marginal rate over the actual range rather than reading it off a band table — which is what entering your own bands here allows.

Payroll contributions, local tax, and credits that phase out

The bands entered here are income tax alone. Payroll or social contributions have their own thresholds and often their own ceilings, so the combined marginal rate can fall at the point where a social contribution caps out — one of the few places where earning more lowers the marginal rate.

State, provincial or local income taxes stack on top, as do surcharges above certain thresholds. And credits that reduce as income rises act exactly like extra tax at the margin. For a decision of any size, build the band table from every charge that applies to you rather than from the headline national bands.

Sources & References

Figures on this page are checked against primary, authoritative sources. Links open in a new tab.

Related Calculators

Effective Tax RateThe share of income actually paid in tax, which is always below the bracket rate people quote.
Income TaxEstimate income tax with custom progressive bands, a sourced US federal mode, refund or amount owed, and scenario comparison.
Standard DeductionWhat the standard deduction removes from taxable income, and the tax that saves at your marginal rate.
VAT/GSTAdd or remove VAT, GST, or HST from a price, solve tax-inclusive and tax-exclusive values, and build mixed-rate invoices.

More in Tax, or browse all calculators.

Tax disclaimer

Tax rules vary by country, state, tax year, filing status, income type, deductions, and exemptions. This calculator is educational and uses the values you enter. Always verify final tax treatment with official sources or a qualified tax professional.

How we calculate · Found an error? email us

Authorship & verification

Written and maintained by , a business operator who builds spreadsheet-based calculators.

What's changed (2 updates)

Published 12 September 2026

  1. Published the calculator with its formula, worked example, assumptions, limitations and a bespoke guide, and added an automated formula test suite covering it.
  2. Verified that each band applies only to the income inside it, so crossing a threshold never re-taxes income below it — the misunderstanding that makes people decline raises.

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