- Income Tax
- £380
- Employee NI
- £19
- Student loans
- £0
- Pension from pay
- £50
Understand · Calculator 11
How much of your salary reaches your bank account?
Turn annual salary into annual, monthly and weekly take-home pay, then see what happens to the next £1,000 or £10,000 you earn.
1 Enter your figures2 Review assumptions3 Explore the result
Your figures
Your entries stay in this tab and are not sent to Money Considered. A shareable link includes only the assumptions shown in its URL.
Estimated monthly take-home
£3,635£43,617 a year or £839 a week after Income Tax, employee NI, selected student loans and salary sacrifice.Annual take-home£43,61772.7% of gross pay
Monthly take-home£3,635£1,365 monthly deductions and pension cost
Marginal Income Tax rate38.0%39.9% including NI and selected loans
Where each £100 goes
Across your total annual pay
- Income Tax
- £3,800
- Employee NI
- £190
- Student loans
- £0
- Pension from pay
- £500
Your pay breakdown
Annual estimate, with monthly and weekly equivalents shown for comparison.
| Item | Annual | Monthly | Weekly |
|---|---|---|---|
| Gross pay | £60,000 | £5,000 | £1,154 |
| Income Tax | £10,232 | £853 | £197 |
| Employee National Insurance | £3,151 | £263 | £61 |
| Student loans | £0 | £0 | £0 |
| Pension cost from pay | £3,000 | £250 | £58 |
| Take-home pay | £43,617 | £3,635 | £839 |
Beyond take-home
What your employment package costs and contributes
- Employer pension
- £1,800
- Total entering pension
- £4,800
- Employer NI
- £7,800
- Estimated employer cost
- £69,600
Salary sacrifice reduces modelled employer NI by £450. This calculator does not assume the employer shares that saving.
Assumptions used
- Uses 2026/27 Income Tax, employee NI, employer NI and student-loan thresholds.
- Assumes a standard Personal Allowance, National Insurance category A and one employment.
- Salary and bonus are annualised; real payroll uses pay-period thresholds and rounding.
- Pension percentages apply to salary rather than qualifying earnings or bonus.
- Relief at source assumes all additional higher-rate relief is claimed where available.
- Benefits in kind, tax-code adjustments, childcare charges, Scottish savings tax and other income are excluded.
This is an annual tax illustration, not a payslip guarantee. Your tax code, pay dates, scheme rules and payroll rounding can change the amount received in any particular month.
Common questions
UK salary and take-home pay FAQs
How is UK take-home pay calculated?
The calculator starts with annual salary and bonus, applies the selected pension treatment, then estimates 2026/27 Income Tax, employee National Insurance and any selected student-loan deductions. The remainder is shown annually, monthly and weekly.
Does the calculator use Scottish Income Tax rates?
Yes. Select Scotland to use the six Scottish non-savings, non-dividend Income Tax bands for 2026/27. National Insurance and student-loan rules remain UK-wide in this illustration.
Why can the marginal tax rate be higher than 40% or 45%?
Income between £100,000 and £125,140 can lose £1 of Personal Allowance for each additional £2 of adjusted income. That creates an effective Income Tax rate above the headline band before National Insurance or student loans are added.
How does salary sacrifice affect take-home pay?
A pension salary sacrifice reduces the cash salary used for Income Tax and National Insurance in 2026/27. It may also reduce student-loan deductions and employer National Insurance, but scheme rules and the planned National Insurance change from April 2029 are outside the current-year result.
Does the estimate match a monthly payslip exactly?
Not necessarily. The calculator annualises salary and bonus. PAYE, National Insurance and student loans use pay-period thresholds and rounding, while tax codes, benefits, arrears and bonus timing can create different monthly deductions.
Are employer pension contributions included in take-home pay?
No. Employer pension contributions are shown separately because they add to the employment package and pension without entering the employee’s bank account. The model applies the entered employer percentage to salary, not the bonus.
Which student-loan plans are supported?
The calculator supports Plans 1, 2, 4 and 5 plus an optional Postgraduate Loan using the 2026/27 annual thresholds. Multiple undergraduate plans and pay-period caps are not modelled.