Salary calculator
Take-Home Pay Calculator 2026/27
See exactly what you'll take home after income tax, National Insurance, pension and student loan repayments. Uses 2026/27 HMRC rates. For UK employees on PAYE.See your take-home pay after tax, NI and pension.
Calculate your take-home pay
Adjust your details below — results update instantly for 2026/27.
Advanced options
Leading digits × 10 set your personal allowance.
Reduces your taxable income.
Reduces your taxable income.
Monthly take-home
£2,003after tax, NI, pension & loans
Annual take-home
£24,040including bonus
Hourly
£12.33Daily
£92Weekly
£462Monthly
£2,003Yearly
£24,040Income Tax
£3,186National Insurance
£1,274Pension
£1,500Where your money goes
| Band | Yearly | Monthly | Weekly | % of Gross |
|---|---|---|---|---|
| Income Tax | £3,186 | £266 | £61 | 10.62% |
| National Insurance | £1,274 | £106 | £25 | 4.25% |
| Pension | £1,500 | £125 | £29 | 5% |
| Take-home pay | £24,040 | £2,003 | £462 | 80.13% |
What is take-home pay?
Take-home pay is what actually lands in your bank account after deductions. In the UK the main ones are income tax, National Insurance, pension contributions and student loan repayments. Your gross salary is what's in your contract — your take-home is what you spend.
UK income tax uses bands: £12,570 tax-free (Personal Allowance), then 20% up to £50,270, 40% up to £125,140, and 45% above that. Your Personal Allowance reduces by £1 for every £2 earned above £100,000. Scotland uses different rates but the same allowance. National Insurance in 2026/27 is 8% on earnings between £12,570 and £50,270, then 2% above that.
Popular salaries
Jump straight to the take-home breakdown for common salary levels (5% pension, Plan 2 student loan).
Go further
Scottish Salary Calculator
Live in Scotland? Use our Scottish salary calculator with 2026/27 bands to see your take-home pay.
Compare Salaries
Put two salaries side by side and see exactly how much more you keep after tax and deductions.
Salary Tables
Browse take-home pay for every salary between £15,000 and £150,000 in a single table.
Make the most of your take-home pay
Once you know what you take home, the next question is where to put it. These are options a lot of people look at after checking their salary.
High-interest savings accounts
Instant-access and fixed-term savings accounts paying well above the high street. Compare current rates and minimum deposits in one place.
Compare savings accounts
Credit card eligibility check
See which credit cards you're likely to be accepted for without affecting your credit score. Soft search only — no impact on your credit file.
Check eligibility
Stocks & shares ISA
Tax-efficient investing for long-term goals. Compare ISAs from a range of platforms and find one that matches how hands-on you want to be.
Compare ISAs
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Frequently asked questions
Why does my estimated take-home pay differ from my official payslip?
Your payslip may include company-specific deductions such as healthcare, cycle-to-work, season ticket loans or salary sacrifice schemes. This calculator covers the main statutory deductions (income tax, National Insurance, student loans and pensions) using 2026/27 rates, so small differences are normal. Make sure the tax code used here matches the one on your payslip for the closest estimate.
How is Class 1 National Insurance calculated for employees in 2026/27?
Class 1 National Insurance is charged at 8% on earnings between £12,570 and £50,270, then 2% on anything above £50,270. If your pension is deducted from qualifying earnings rather than your full salary, the taxable base changes — the calculator reflects both options.
How does student loan repayment affect my final take-home salary?
Repayments are 9% of earnings above your plan threshold (6% for a Postgraduate Loan). For 2026/27 the thresholds are Plan 1 £24,990, Plan 2 £27,295, Plan 4 £31,395 and Plan 5 £25,000. Repayments are calculated on your pre-tax income after pension, which is why the deduction grows as your salary rises.
How do Scottish income tax bands differ from the rest of the UK?
Scotland sets its own income tax rates. For 2026/27 the Scottish bands are 19% starter rate, 20% basic rate, 21% intermediate rate, 42% higher rate, 45% advanced rate and 48% top rate, applied above the same £12,570 personal allowance. The rest of the UK uses 20%, 40% and 45%. National Insurance rules are the same everywhere.
What if I'm off sick?
If you're employed, your employer pays Statutory Sick Pay (SSP) from day 1 under the new April 2026 rules — no waiting period, no minimum earnings threshold. Use our sick pay calculator to work out exactly how much SSP you'll receive based on your salary and sick days.
How We Calculate This
Tax year
2026/27 (6 April 2026 – 5 April 2027)
Last reviewed
30 August 2026
Default assumptions
Pension: 5% · Tax code: 1257L · Working hours: 37.5/week · Student loan: none
Results are estimates. Your payslip may include employer-specific deductions such as salary sacrifice, healthcare, or cycle-to-work schemes.
Change Log
6 April 2026: Tax year 2026/27 rates applied — income tax bands and NI thresholds updated.
1 January 2026: Initial calculator built with 2025/26 rates, migrated to 2026/27 at start of tax year.