Today has seen the first release of the FREE Salary Calculator app for the iPhone (and other iOS devices). The app allows users to input their gross wage (yearly, monthly, weekly, daily or hourly) and then calculates the salary based on the information provided. It calculates items including personal allowance, taxable income, income tax, national insurance, student loan repayments and net salary.

The app is handy for anyone expecting a pay rise, moving jobs, or professionals who often deal with salary based information (e.g. recruitment agents, accountants, etc).

It is expected to be updated shortly to include calculations for the upcoming 2012/13 financial year.

Download the Salary Calculator from the app store.

Enjoy, and don’t forget to leave your feedback!