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Take-home PayTax Year 2026/27

UK Take-Home PayCalculator2026/27

Enter your salary to instantly see your take-home pay, income tax, National Insurance, pension and student loan deductions, all under the latest HMRC rules.

Used by thousands of UK workers every day to understand their pay.

Your annual salary

£/ year

Annual take-home pay

£30,521

Monthly

£2,543

Weekly

£587

Daily

£117

Take-home 81%Tax 13%NI 5%
Income Tax- £4,986
National Insurance- £1,993
See full breakdown →

HMRC rates, April 2026

Your Income

£per year
£per year
Income from bonuses, commission, overtime, capital gains, investments, etc.
Your Contributions
%
Employer's
%
Try adjusting your contributions to see how it affects everything.
Tax Residency
State Pension Age

68 applies if born after 5 April 1978.

Your taxes (2026/27)

YearMonthWeek
Gross Income£37,500£3,125£721
Pension (You)£375 Saved!£1,875£156£36
PensionEmployer Added!£1,125£94£22
Taxable Income£35,625£2,969£685
Personal allowance£12,570--
National Insurance£1,843£154£35
Income Tax£4,611£384£89
Take Home Pay£29,171£2,431£561
Added to Pension£3,000£250£58
Opportunities FoundView My Opportunities →
If you invested £181 each month into an ISA after covering your expenses, you could make £108,173 over 25 years - a whopping +£53,905 on top of what you put in, thanks to compounding returns.
HMRC Tax rates and rules last updated 6th Apr 2026

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Explore Your Finances

Model your expenses, project your wealth, and find your path to financial independence.

Your Monthly Expenses

Essential Outgoings

£per month
Things you have to pay for: housing, bills, council tax, food.

Non-essential Outgoings

£per month
Things you choose to pay for.

Your Plan

The earliest you can retire with your workplace pension is usually 55. You won't get your state pension until your mid or late 60s, depending on your current age. Tip: try playing around with your target retirement age to see how things change.
£
The total balance of all your existing pension pots.
£
The total balance of any existing ISA Savings accounts (GIAs are not currently supported)

Your Monthly Outgoings

Projected Pension

Estimated pension growth over 31 years. Assumes a fund fee of 0.35%. Growth adjusted for inflation.

Wealth & Financial Independence More Info

%
%
%
Financial independence means having enough saved that your expenses will be covered for the rest of your life.

Projected Wealth

Estimated income over 50 years, adjusted for inflation, with a 5% annual return and 0.35% yearly platform fee.

Calculations
  • FI Target = Annual outgoings (£21,600) * Years needed for 4.00% SWR (25.00) = £540,000
  • Invested annual pension = £3,000
  • Invested annual surplus = £2,171
  • Inflation of 2.5% / year
  • Assumes New State Pension, payments increasing with inflation (2.5% / year)
  • Assumes student loans last 30 years max
  • Assumes a flex-drawdown pension for illustration purposes
  • Assumes you draw down pension up to the higher rate bracket (£50,270), then draw down your S&S ISA
  • Pension lump sums are not included

About Saving Tool UK

Saving Tool UK is a free, comprehensive personal finance tool for UK taxpayers. Enter your salary, pension contributions, and other income details to instantly see your take-home pay after income tax, National Insurance, and any student loan repayments.

All calculations reflect the 2026/27 tax year and cover England, Wales, Northern Ireland, and Scotland.

What the calculator covers

  • Income Tax: All UK regions, including Scottish rates
  • National Insurance: Class 1 employee contributions
  • Pension contributions: Employee, employer and salary sacrifice
  • Student loan repayments: Plans 1, 2, 4, 5 and Postgraduate Loan
  • Benefits in kind: Company cars, private medical insurance and more
  • Wealth projection: Model expenses and project your net worth
  • Financial independence: Estimate when your investments can sustain your lifestyle

Income Tax Rates 2026/27

England, Wales & Northern Ireland

BandTaxable IncomeRateMax Tax
Personal AllowanceUp to £12,5700%£0
Basic Rate£12,571 – £50,27020%£7,540
Higher Rate£50,271 – £125,14040%£29,948
Additional RateOver £125,14045%

Scotland

BandTaxable IncomeRate
Personal AllowanceUp to £12,5700%
Starter Rate£12,571 – £14,87619%
Basic Rate£14,877 – £25,56120%
Intermediate Rate£25,562 – £43,66221%
Higher Rate£43,663 – £125,14042%
Top RateOver £125,14047%

National Insurance 2026/27 (Class 1)

Earnings BandEmployee Rate
Up to £12,5700%
£12,571 – £50,2708%
Over £50,2702%

Frequently Asked Questions

Common questions about how the calculator works.

How is my take-home pay calculated?

Your gross salary is reduced by income tax, National Insurance, pension contributions, and any student loan repayments. The result is your net (take-home) pay. The calculator also accounts for the personal allowance taper for earnings above £100,000.

What is the personal allowance for 2026/27?

The standard personal allowance is £12,570. It reduces by £1 for every £2 earned above £100,000 and reaches £0 at £125,140.

Does this cover self-employed income?

The main calculator focuses on PAYE employment income. For contracting and umbrella scenarios, use our IR35 Calculator and Umbrella Calculator.

Can I use this for Scottish tax rates?

Yes. Select Scotland in the tax region selector to apply Scottish income tax bands, which differ from the rest of the UK from the Starter Rate upwards.