Finance & Business
Take Home Pay Calculator
Calculate your net salary after tax, National Insurance contributions, and other deductions to understand your actual take-home pay.
Reviewed by the calculator.uk.com Team · Last reviewed 29 July 2026 · Our methodology
Enter your salary details to calculate your take-home pay
Take-home pay by salary
| Gross salary | Income tax | NI | Take-home / year | Per month | Deducted |
|---|---|---|---|---|---|
| £24,785 (full-time National Living Wage) | £2,443 | £977 | £21,364 | £1,780 | 13.8% |
| £30,000 | £3,486 | £1,394 | £25,120 | £2,093 | 16.3% |
| £40,000 | £5,486 | £2,194 | £32,320 | £2,693 | 19.2% |
| £50,270 | £7,540 | £3,016 | £39,714 | £3,310 | 21.0% |
| £60,000 | £11,432 | £3,211 | £45,357 | £3,780 | 24.4% |
| £75,000 | £17,432 | £3,511 | £54,057 | £4,505 | 27.9% |
| £100,000 | £27,432 | £4,011 | £68,557 | £5,713 | 31.4% |
The full-time National Living Wage figure assumes £12.71 an hour (the rate for workers aged 21 and over from 1 April 2026) for 37.5 hours a week, 52 weeks a year. Notice how the deducted share jumps between £50,270 and £60,000: income tax rises from 20% to 40% at that point, while National Insurance drops from 8% to 2%, so each extra £1 of salary is cut by 42p instead of 28p.
Worked example: £35,000 with a 5% pension
Tom earns £35,000 in Leeds and pays 5% into his workplace pension under a net pay arrangement, which is how this calculator treats pension contributions.
- Pension contribution: 5% × £35,000 = £1,750
- Pay subject to income tax: £35,000 − £1,750 = £33,250
- Income tax: (£33,250 − £12,570) × 20% = £4,136
- National Insurance, charged on the full £35,000: (£35,000 − £12,570) × 8% = £1,794.40
- Take-home: £35,000 − £4,136 − £1,794.40 − £1,750 = £27,319.60 a year (£2,276.63 a month)
If Tom's employer offered salary sacrifice instead, his NI would be worked out on £33,250, costing £1,654.40, and his take-home pay would rise by £140 a year for the same pension contribution. If he also had a Plan 2 student loan, a further £505.35 a year (£42.11 a month) would come off: 9% of the £5,615 he earns above the £29,385 threshold. Student loan repayments are always worked out on gross pay, before the pension contribution is taken off.
Student loan repayment thresholds for 2026/27
| Loan type | Annual threshold | Rate | Repaid at £35,000 (year / month) |
|---|---|---|---|
| Plan 1 (started before Sept 2012 in England/Wales, or in NI) | £26,900 | 9% | £729 / £60.75 |
| Plan 2 (England/Wales, Sept 2012 – July 2023) | £29,385 | 9% | £505 / £42.11 |
| Plan 4 (Scotland) | £33,795 | 9% | £108 / £9.04 |
| Plan 5 (England, from Aug 2023) | £25,000 | 9% | £900 / £75.00 |
| Postgraduate loan | £21,000 | 6% | £840 / £70.00 |
If you have a postgraduate loan as well as an undergraduate loan, you repay both at the same time, each against its own threshold.
Why your payslip might not match
- Emergency tax code (such as 1257L W1 or M1) after starting a new job: each pay period is taxed on its own, and any overpayment is usually refunded automatically once HMRC has your full details.
- Benefits in kind such as a company car or private medical insurance reduce your tax code, so more of your salary is taxed.
- Monthly NI: NI is worked out on each pay period separately, using the monthly thresholds (£1,048 primary threshold, £4,189 upper earnings limit). A large one-off bonus can therefore attract less NI than the same amount spread over the year, because pay above £4,189 in that month is charged at 2% rather than 8%. Income tax, by contrast, is cumulative and evens out over the year.
Related to Take Home Pay Calculator
The Take Home Pay Calculator uses the latest UK tax rates and thresholds for the 2026/27 tax year to calculate your net salary. It takes into account Income Tax, National Insurance contributions, student loan repayments, and pension contributions to give you an accurate picture of your take-home pay.
Income Tax Calculation
• Personal Allowance: £12,570 (reduces by £1 for every £2 earned over £100,000)
• Basic rate: 20% on earnings between £12,571 and £50,270
• Higher rate: 40% on earnings between £50,271 and £125,140
• Additional rate: 45% on earnings over £125,140
National Insurance Contributions
• 8% on earnings between £12,570 and £50,270 per year
• 2% on earnings above £50,270 per year
The calculator also factors in optional deductions such as pension contributions and student loan repayments. Pension contributions are deducted from your gross salary before tax calculations, potentially reducing your taxable income. Student loan repayments are calculated based on your plan type and only apply if you earn above the repayment threshold for your plan.
The calculator provides a comprehensive breakdown of your salary and deductions, helping you understand exactly where your money goes. The results are presented both numerically and visually through a pie chart for better understanding.
Key Results Explained
• Monthly Take Home: Your net monthly salary after all deductions
• Annual Take Home: Total yearly amount you'll receive after deductions
• Tax-Free Allowance: Your personal allowance for the tax year
• Taxable Income: Amount of your salary subject to income tax
• Effective Tax Rate: Combined percentage of income tax and National Insurance relative to your gross salary
The pie chart visualizes the proportion of your gross salary that goes to different deductions and your final take-home pay. This helps you understand the relative impact of each deduction on your overall salary. The calculator also provides the option to copy detailed results, which can be useful for budgeting or financial planning.
1. How is the personal allowance calculated for high earners?
For incomes over £100,000, the personal allowance of £12,570 is reduced by £1 for every £2 earned above £100,000. This means if you earn £125,140 or more, you'll have no personal allowance and all your income will be taxed.
2. How do pension contributions affect my take-home pay?
The calculator treats pension contributions as a net pay arrangement: they are deducted from your salary before Income Tax is worked out, so they reduce your tax but not your National Insurance. Under salary sacrifice you would also save National Insurance, so your real take-home pay may be slightly higher. For example, if you earn £40,000 and contribute 5% to your pension, your taxable income would be reduced by £2,000.
3. Why might my actual take-home pay be different from the calculator's result?
The calculator provides an estimate based on standard tax rates and thresholds. Your actual take-home pay might differ due to factors such as salary sacrifice arrangements, company benefits, overtime pay, tax codes, or other workplace-specific deductions not included in the standard calculation.
4. How are student loan repayments calculated?
Student loan repayments are calculated based on your plan type and only apply when your income exceeds the repayment threshold. For 2026/27, Plan 1 starts at £26,900, Plan 2 at £29,385, Plan 4 at £33,795, Plan 5 at £25,000 and Postgraduate loans at £21,000. The repayment rate is 9% of income above the threshold for Plans 1-5, and 6% for Postgraduate loans.
5. What is the scientific source for this calculator?
This calculator applies HMRC's official Income Tax and National Insurance rates and thresholds for the 2026/27 tax year, as published in HMRC's Rates and thresholds for employers 2026 to 2027, and the Social Security Contributions and Benefits Act 1992 as amended. Student loan repayment thresholds and rates follow the Student Loans Company's published plan-type figures. Because tax and NI rules change every April, these figures reflect the 2026/27 tax year specifically — check current HMRC guidance for calculations in a later tax year.